Facebook’s Mark Zuckerberg attacks Google, Apple in Congressional hearing on abuse of market power2Photo© gadgets.ndtv.com

Facebook’s Mark Zuckerberg attacks Google, Apple in Congressional hearing on abuse of market power

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Facebook Chief Executive Officer Mark Zuckerberg on Wednesday attacked Google and Apple during an anti-trust hearing at the United States Congress, Bloomberg reported. The hearing was virtually attended by Google head Sundar Pichai, Apple CEO Tim Cook and his Amazon counterpart Jeff Bezos.

The Congressional hearing was held to confront the CEOs of some of the world’s top technology firms on alleged abuse of their market power, Reuters reported. The CEOs parried several accusations from legislators that they pursued unfair means with their smaller rivals in the race for market share.

“In many areas, we are behind our competitors,” Zuckerberg told the US House of Representatives Judiciary Committee on Antitrust. “The most popular messaging service in the US is iMessage. The fastest growing app is TikTok. The most popular app for video is YouTube. The fastest growing ads platform is Amazon. The largest ads platform is Google. And for every dollar spent on advertising in the US, less than ten cents is spent with us.”