Big Tech CEOs ready defenses for US Congress hearing into their growing power

The chief executives of four of the largest U.S. tech companies plan to deflect criticism next week in a Congressional hearing into their use of market power to hurt rivals by saying they themselves face competition and by debunking claims they are so dominant.

The logos of Amazon, Apple, Facebook and Google are seen in a combination photo from Reuters files. [REUTERS]

The CEOs of Facebook, Amazon.com Inc, Alphabet’s Google and Apple, are set to speak before the House Judiciary Committee’s antitrust panel on July 27. They will present their testimonies virtually, according to sources familiar with their plans.