US Tech Giant CEOs are Invited To EU Hearing on Big Tech On February 1

 

EU lawmakers have invited the chief executives of Amazon, Apple, Facebook and Alphabet to a February 1 hearing in Brussels as they try to crack down on the powers of US tech giants.

The companies will be asked to play fairly with rivals and to do more to tackle online fake news and harmful content or face hefty fines.

"The purpose of the planned hearing is to have an exchange with the chief executive officers of the four globally leading platform companies to learn about their current business models and future concepts as they face the challenges of altering market conditions," said an invitation sent to the companies seen by Reuters.

Earlier on Friday it emerged that Alphabet Chief Executive Sundar Pichai will hold a video-conference call with EU antitrust chief Margrethe Vestager on January 25, according to a European Commission schedule.

A Commission spokeswoman said: Vestager, who is pushing for tough new rules, will discuss digital and competition issues with Pichai.

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