Tech CEO hearing looks like it will be postponed, source says
, which was supposed to happen Monday, looks like it will be postponed, two people familiar with the matter told CNBC. The service for the late Rep. John Lewis, D-Ga., seems like it will likely conflict with the current date, the people said.
The House Judiciary Committee and the Antitrust Subcommittee, which is set to host the hearing, have not yet confirmed the move and spokespeople did not immediately comment. The hearing, which was set to feature Amazon CEO Jeff Bezos, Apple CEO Tim Cook, Facebook CEO Mark Zuckerberg and Google CEO Sundar Pichai, is meant to be the culmination of a more than year-long investigation into the four tech giants. Following the hearing, lawmakers plan to issue a report based on their findings throughout the investigation and propose legislation that would aim to bring antitrust laws up to date to be responsive to issues unique to digital marketplaces.
The project has been delayed already by the public health crisis that's interrupted Congress' normal course of business. Subcommittee Chairman David Cicilline, D-R.I., he expected the report to be completed by early April, but that timeline has since been shifted at least several months.This story is developing. Check back for updates.
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