Business Insider's Aaron Holmes he says that three of the lawmakers who have undertaken an antitrust inquiry into the activities of Amazon, Apple, Facebook and Google hold more than $ 100.000 in shares of these technology companies.
Of course, it is not the best way for dexport of 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. California-based Zoe Lofgren owns $ 15.000 worth of shares in Facebook, Apple and Alphabet, though she recently sold some of them. Steve Chabot of Ohio has $ 50.000 in stock on Facebook.
To mention that the researchers they are not illegal if they own stock in the companies they are investigating, but there could certainly be a conflict of interest.
Amazon's Jeff Bezos, Apple's Tim Cook, Facebook's Mark Zuckerberg and Alphabet's Sundar Pichai to testify before the U.S. Antitrust Committee Parliamenton Monday, July 27. However, Axios reports that this could be delayed 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 whether these companies are using their huge market influence to stifle competition from smaller rivals. It will take place under his supervision Ministryof Justice of the United States and the House Judiciary Committee.
