They are the four most powerful men on the virtual planet. But today for the first time, Mark Zuckerberg of Facebook, Jeff Bezos of Amazon, Tim Cook of Apple and Sundar Pichai of Alphabet, which owns Google, are all appearing in front of the House subcommittee on market dominance. (Subscribe: https://bit.ly/C4_News_Subscribe)
The main issue – are they using their commanding position to stop other companies getting a foothold in markets across the internet?
Our Washington correspondent Siobhan Kennedy is live in Washington. Plus, our correspondent Inigo Gilmore reports.
We did ask representatives from all four companies to speak to us but to no avail.
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In This Story: Tim Cook
Timothy Donald Cook is the chief executive officer of Apple Inc., and previously served as the company’s chief operating officer under its cofounder Steve Jobs.
Cook joined Apple in March 1998 and was made the chief executive on August 24, 2011, prior to Jobs’ death in October of that year.
Since 2011 when he took over Apple, to 2020, Cook doubled the company’s revenue and profit, and increased its market value from $348 billion to $1.9 trillion.
In 2014, Cook became the first chief executive of a Fortune 500 company to publicly come out as gay. Cook also serves on the boards of directors of Nike, Inc., the National Football Foundation, and is a trustee of Duke University. In March 2015, he said he planned to donate his entire stock fortune to charity.