'We
have a word for that - MONOPOLY!' Mark Zuckerberg is slammed as his
emails boasting about 'neutralizing' competition and buying Instagram
because it 'can hurt us' are revealed at tech CEO showdown - as
conservatives tear into CEOs over 'bias'
Congressman Joe Neguse revealed Facebook CEO Mark Zuckerberg's emails at Wednesday's Judiciary Committee on antitrust laws where he details the company's goal to 'neutralize potential competitors'.
'We have a word for that – that word is monopoly,' The Democratic representative said.
July 30 - The CEOs of the four biggest tech firms faced Congress as one Wednesday - and came under fire from both sides, accused of running monopolies, trampling small businesses and would-be competitors and censoring conservatives.
Congressman Joe Neguse revealed Facebook CEO Mark Zuckerberg's emails at Wednesday's Judiciary Committee on antitrust laws where he details the company's goal to 'neutralize potential competitors'.
'We have a word for that – that word is monopoly,' The Democratic representative said.
July 30 - The CEOs of the four biggest tech firms faced Congress as one Wednesday - and came under fire from both sides, accused of running monopolies, trampling small businesses and would-be competitors and censoring conservatives.
JULY 29, 2020
Heads of Facebook, Amazon, Apple & Google Testify on Antitrust Law
The heads of Amazon, Apple, Google and Facebook testified on antitrust law before a House Judiciary subcommittee.
Heads of Facebook, Amazon, Apple & Google Testify on Antitrust Law
The heads of Amazon, Apple, Google and Facebook testified on antitrust law before a House Judiciary subcommittee.
Mark Zuckerberg questioned on Facebook's decision to "censor" Donald Trump Jr...on Twitter
Jul 30, 2020
Jul 30, 2020
Mark
Zuckerberg was grilled over whether Facebook copied and threatened
rivals, but the CEO says the social media giant just 'adapted features'
Facebook CEO Mark Zuckerberg said the company has "adapted features" from competitors during Wednesday's big tech antitrust hearing....Zuckerberg said Facebook had "certainly adapted features" from others in response to a question from Rep. Pramila Jayapal, Democrat of Washington, whether the company had copied features from competitors. During her questioning, Jayapal cited emails between Facebook executives about pursuing "aggressive and nimble" tactics to maintain a lead over competing services.
Facebook CEO Mark Zuckerberg said the company has "adapted features" from competitors during Wednesday's big tech antitrust hearing....Zuckerberg said Facebook had "certainly adapted features" from others in response to a question from Rep. Pramila Jayapal, Democrat of Washington, whether the company had copied features from competitors. During her questioning, Jayapal cited emails between Facebook executives about pursuing "aggressive and nimble" tactics to maintain a lead over competing services.
She also pressed Zuckerberg about whether the company has ever threatened to clone products from other companies while trying to acquire them... more
https://www.businessinsider.com/mark-zuckerberg-grilled-on-facebook-copying-instagram-snapchat-2020-7
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