The bosses of Alphabet (NASDAQ: GOOG) (GOOGL), Apple (NASDAQ: AAPL), Facebook (NASDAQ: FB) and Amazon (NASDAQ: AMZN), sometimes referred to the gang of four (or GAFA) have faced the US congress last week.
They are accused mainly of market dominance.
According to David Cicilline, chairman of the House Antitrust Subcommittee in his opening statement at the big tech antitrust hearing:
Whether they control access to information or to a marketplace, these platforms have the incentive and ability to exploit this power," he said. "They can charge exorbitant fees, impose oppressive