CNBC July 30, 2020
Key Points
– The House Judiciary Committee on Wednesday held an antitrust hearing with the CEOs of four of the largest U.S. technology companies – Amazon, Apple, Facebook, and Google.
– As policymakers on the Right and Left increasingly proclaim the importance of out-innovating China in critical technologies, their comments during yesterday’s hearing raise an important question – which companies will they actually let play that role?
– Rather than tear down our most innovative and most American of companies, let’s build them up – and others like them – to stay ahead of China.
The House Judiciary Committee held an antitrust hearing on Wednesday with the CEOs of four of the largest U.S. technology companies – Amazon, Apple,...