Written materials. You are the ema offices that required for all meetings. I expect all members to wear a mask expect when speaking. I recognize myself for an opening statement. More than a year ago, this subcommittee launched an investigation into Digital Markets. The twoives b have been to document problems and since then, weve received millions as well as conducting hundreds of hours of interviews. There were experts here, the subcommittees Ranking Member. We work closely with all members who have taken this work seriously and study the issues. This is the most bipartisan effort ive been involved with. The purpose of todays hearing is to examine the dominance of amaz amazon, apple, facebook and google. Amazon runs the Largest Online marketplace in america, c capturing 70 of all online marketplace sales. It operates across a vast array of businesses from cloud compute i ing. Apple is a provider of smart phones with more than 100 million in the United States alone. Services include fi
Industry. They took questions about the use of thirdparty seller data and allegations of anticonservative bias. The subcommittee will come to order. Without objection, the chair is authorized to declare recess at any time. Welcome to todays hearing on marketing power. Amazon, apple, facebook, and google. I would like to remind members we have established a distribution list dedicated to circulating specific motions or other written materials members might want as part of our hearing today. If you would like to submit materials, submit them to the email address distributed to your offices. We will circulate materials as quickly as we can. Thatld also remind members face coverings are required for all meetings in an enclosed space such as Committee Hearings. I expect all members on both sides of the aisle to wear a mask except when you are speaking. I recognize myself for an opening bateman Opening Statement. This committee launched an investigation into Digital Markets to document compe
Im so welcome to the program protests i look likely to resume in london as the global backlash of Police Violence and systemic racism in the United States continues british Prime Minister baraks johnson has urged protesters to stay at home claiming that demonstrations have been hijacked by extremists intent on violence but many remain determined to take to the streets. I despite the governments concerns about violence a small antiracism protest went ahead peacefully in london and tried. For the wrongness of been planned for the weekend but some organizers are advising people to stay at home. This is what they fear might happen last weekend some protesters clashed with police in the government district of whitehall. Statues in parliament square. What defaced including that of Winston Churchill he may have led britain to victory in world war 2 but like many people of that era he also expressed views on race and imperialism that are not acceptable today. The Prime Minister of 2020. 00 joh
Slowest increase since going back to march. Breaking down all the action is our markets correspondent abigail doolittle. It really seems like a lot of the travel and leisure stocks are outperforming yet, the s p, not quite at 3000. At 25,000. Quite it was an interesting day all day long. A lot of people scratching their heads as to whether we had this rally without any major headlines. Up to percent, probably something to do with the weak dollar and reopening optimism. You are pointing out those travel and leisure stocks doing quite well. We also had the dow transportation average doing quite well. A huge bullish divergence. The transportation stocks are supporting the idea that traders and investors are thinking the economy will be reopening. Some of the stayathome tech stocks leading the way. On nasdaq closing down biotech weakness. Right now, this very interesting tension on the year between another pocket of those stayathome stocks, the faang index. The transportation index down qu
From a guy who usually wants to keep the beaches closed for himself. President trump met with the governor of iowa today said trump, i know a lot about iowa in fact, iowea lot of contractors a lot of money. [ light laughter ] that was Brian Donaldson writing a really dumb joke that ill admit, i liked look, what am i going to say dumb is not a criticism of it. I love it for its dumbness the nasa administrator announced on twitter yesterday that the space agency will be partnering with Actor Tom Cruise to film a movie in space the weird thing is, its a sequel to jerry maguire. Show me the moon. Authority they might be getting dumber as we go. Authorities in louisiana are looking for an aggressive chicken that has chased customers at a local bank and attempted to climb cars in the drivethrough. Authorities advised, anyone that sees the chicken, to take a video, because theyre bored as hell and they would like to see that oh, this is Mike Scollins wrote the dumbest joke and im going to do