Business Insider's Aaron Holmes reports that three of the legislators who have undertaken an antitrust inquiry into the activities of the Amazon, της Apple, του Facebook and her Google hold more than $ 100.000 in shares of these technology companies.
Of course it is not the best way to conduct research.
In his post, Holmes states that board member Jim Sensenbrenner of Wisconsin owns more than $ 98.000 in shares in all four companies combined. Zoe Lofgren from California has $ 15.000 worth of shares in Facebook, in Apple and Alphabet, although it sold some of them recently. Steve Chabot of Ohio has a $ 50.000 stake in Facebook.
It should be noted that researchers are not illegal if they own shares in the companies they are researching, but there could certainly be a conflict of interest.
Jeff Bezos Amazon, her Tim Cook Apple, Mark Zuckerberg Facebook and Alphabet's Sundar Pichai will testify before the House Antitrust Committee on Monday 27 July. However, Axios says this could be postponed until August 3 to allow Washington to mourn former civil rights leader John Lewis, who died earlier this week.
The research aims to find out if these companies use their huge influence in the markets to stifle competition from smaller competitors. It will be held under the auspices of the United States Department of Justice and the Parliamentary Judiciary Committee.