Technology giants are getting a tough reception in Congress as lawmakers focus on their potentially anticompetitive behavior and big plans for new disruptive products.
Both Democrats and Republicans had grievances to air in hearings Tuesday. An afternoon panel of the House Judiciary Committee focused on whether it’s time for Congress to rein in allegedly anticompetitive behavior by the likes of Amazon, Google, Facebook and Apple.
Earlier in the day, Facebook faced bipartisan concern from a Senate committee examining its big plan to create its own digital currency. Many lawmakers expressed disbelief that Facebook could be trusted with such responsibility.