Illustration: Sarah Grillo/Axios

The CEOs of Apple, Google, Amazon and Facebook have agreed to testify at a hearing at the end of the month as part of a congressional antitrust investigation into the power of online platforms.

Why it matters: The high-profile hearing will let lawmakers directly question company leaders before releasing a report that will detail the findings of their year-long probe and possibly recommend changes to antitrust law.

Details: The agreement to appear before the House Judiciary antitrust subcommittee was first reported by The New York Times.

  • People familiar with the planning told Axios the CEOs expect to appear virtually, likely in the last week of July, although the sources cautioned that could change.

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House Democrats tackle Big Tech "monopolies"

Illustration: Eniola Odetunde/Axios

The House Judiciary Committee says Amazon, Apple, Facebook and Google are monopolies — but its new plan to rein in their power won't change anything overnight. Instead, Democratic lawmakers propose to rewrite American antitrust law in order to restructure the U.S.'s most successful and powerful industry over time.

The big picture: The report is a long pass down the field of the tech industry's unfolding conflicts. It could be game-changing — but it also might never get completed.

Oct 6, 2020 - Technology

House tech antitrust probe set to reach three separate conclusions

Photo by Mandel Ngan/Pool via Getty Images

Instead of just one report coming out of the House Judiciary Committee's year-long tech antitrust probe, there will likely be one from the Democratic majority and two from Republicans.

Why it matters: The latest developments blunt the likelihood that the parties can come together to rewrite antitrust laws for the digital economy, which Republican and Democratic policymakers alike have said they want to do.

Oct 6, 2020 - Technology

Scoop: House Dems briefing Biden team on tech antitrust report

Illustration: Aïda Amer/Axios

House Judiciary Democrats will brief Joe Biden's team today on their findings from a year-long tech antitrust investigation, a source familiar with the matter confirmed to Axios.

Why it matters: Democrats and Republicans both agree that big tech giants need to be reeled in, but often disagree on the means to do so. Looping the Biden team in signals House Democrats want the policy recommendations in their report to get plenty of attention in a potential Biden administration.