In their testimony on Capitol Hill Wednesday, the CEOs of Amazon, Apple, Facebook and Google made minor concessions that the scale of their operations and platforms meant they couldn’t guarantee practices that are deemed anticompetitive.
Nonetheless, Jeff Bezos, Tim Cook, Mark Zuckerberg and Sundar Pichai all maintained the argument that they count as American success stories operating in a competitive market.
Midway through the five hours of House testimony, Scott Galloway, professor of marketing at NYU Stern School of Business, addressed attendees of Adweek’s NexTech 2020 Virtual Summit.
Galloway, author of the bestselling book “The Four” about Big Tech’s dominance, shared his opinions on the proceedings and showed no mercy in his assessment.
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