This is what Jeff Bezos, Tim Cook, Mark Zuckerberg and Sundar Pichai will tell US House committee
It's a big day for Big Tech in the US as the CEOs of Amazon, Google, Facebook and Apple will testify before a House subcommittee on dominance and antitrust laws.... Chandra R Srikanth joins us with details on what they will be saying!
JEFF BEZOS
Amazon accounts for less than 1% of the $25 trillion global retail market and less than 4% of retail in the U.S.
Unlike industries that are winner-take-all, there’s room in retail for many winners
I believe Amazon should be scrutinized
Our responsibility is to make sure we pass such scrutiny with flying colors
SUNDAR PICHAI
Google’s continued success is not guaranteed, operate in highly competitive global markets
You can ask Alexa a question from your kitchen; read your news on Twitter; ask friends for information via WhatsApp
Can search products on Amazon, eBay , Walmart
Google face strong competition for search queries from many businesses
Committed to partnering with lawmakers
MARK ZUCKERBERG
Facebook faces intense competition globally
Facebook is a proudly American company, China is building its own internet
I believe companies shouldn’t be making so many judgments about important issues
I’ve called for a more active role for governments and regulators and updated rules for the internet.
Companies aren’t bad just because they are big.
TIM COOK
Smartphone market is fiercely competitive
Apple does not have a dominant market share in any market where we do biz
Apple's commissions are comparable or lower than commissions charged by majority of competitors
Share subcommittee's belief that competition is a great virtue.
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Видео This is what Jeff Bezos, Tim Cook, Mark Zuckerberg and Sundar Pichai will tell US House committee канала ET NOW
JEFF BEZOS
Amazon accounts for less than 1% of the $25 trillion global retail market and less than 4% of retail in the U.S.
Unlike industries that are winner-take-all, there’s room in retail for many winners
I believe Amazon should be scrutinized
Our responsibility is to make sure we pass such scrutiny with flying colors
SUNDAR PICHAI
Google’s continued success is not guaranteed, operate in highly competitive global markets
You can ask Alexa a question from your kitchen; read your news on Twitter; ask friends for information via WhatsApp
Can search products on Amazon, eBay , Walmart
Google face strong competition for search queries from many businesses
Committed to partnering with lawmakers
MARK ZUCKERBERG
Facebook faces intense competition globally
Facebook is a proudly American company, China is building its own internet
I believe companies shouldn’t be making so many judgments about important issues
I’ve called for a more active role for governments and regulators and updated rules for the internet.
Companies aren’t bad just because they are big.
TIM COOK
Smartphone market is fiercely competitive
Apple does not have a dominant market share in any market where we do biz
Apple's commissions are comparable or lower than commissions charged by majority of competitors
Share subcommittee's belief that competition is a great virtue.
Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3
Subscribe Now To Our Network Channels :-
Times Now : http://goo.gl/U9ibPb
The NewsHour Debate : http://goo.gl/LfNgFF
To Stay Updated Download the Times Now App :-
Android Google Play : https://goo.gl/zJhWjC
Apple App Store : https://goo.gl/d7QBQZ
Social Media Links :-
Twitter - http://goo.gl/hA0vDt
Facebook - http://goo.gl/5Lr4mC
G+ - http://goo.gl/hYxrmj
Website - www.etnownews.com
Видео This is what Jeff Bezos, Tim Cook, Mark Zuckerberg and Sundar Pichai will tell US House committee канала ET NOW
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