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Tech CEOs Testify On Capitol Hill: Mark Zuckerberg Grilled On Motives For Instagram Purchase

Tech CEOs Testify On Capitol Hill: Mark Zuckerberg Grilled On Motives For Instagram Purchase

Updated, 12:41 Pm Pt: The CEOs of Google, Facebook, Apple and Amazon are testifying on Capitol Hill on Wednesday, in an unusual hearing that reflects the extent to which lawmakers have focused their scrutiny on tech platforms.

Hollywood’s lobby in D.C. is mainly watching from the sidelines, even as it has a vested interest in a number of issues, but this hearing’s focus is on antitrust as a House Judiciary subcommittee continues its investigation of competition among the major platforms.

While studios have been critical of Google in particular for not taking greater action to curb piracy, and lately have called for more “platform accountability,” taking a public stance on the issue of antitrust is a bit of a wild card that actually may end up backfiring.

Still, if the investigation leads to changes in antitrust laws, that will be of keen interest to traditional media players

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