WASHINGTON, June 15 (Reuters) – The U.S. Congress takes up the problem on Tuesday of yet one more space the place huge tech companies — on this case, Amazon.com (AMZN.O) and Alphabet’s (GOOGL.O) Google — dominate, this time in sensible residence gadgets the place they battle smaller corporations like speaker maker Sonos Inc (SONO.O).
The listening to takes place at a time of extraordinary curiosity in harder antitrust enforcement, a lot of it targeted on the most important U.S. expertise corporations. One outcome has been a collection of investigations and several other federal and state lawsuits filed towards Google and Fb in addition to a long list of antitrust bills.
Senator Amy Klobuchar, who chairs the antitrust subcommittee, is hoping to behave earlier than the present tech giants, on this case Amazon and Google, set up themselves as unassailable.
Within the sensible speaker market, she cited information that confirmed that Amazon was at 53 % market share whereas Google was at 31 %.
“That is an space the place we are able to look ahead and see across the nook and never simply reply years later,” she stated, noting that individuals are shopping for all the pieces from sensible audio system to sensible door locks and extra. “We all know that it is a rising market.”
Sensible residence expertise might be sensible audio system like Amazon’s Echo or Google’s Nest, safety methods or televisions.
Witnesses will embody Ryan McCrate, Amazon’s affiliate common counsel, and Google Senior Public Coverage Director Wilson White, together with Sonos Chief Authorized Officer Eddie Lazarus.
Final yr, Sonos CEO Patrick Spence advised a congressional committee that Google and Amazon used their dominance of search and on-line retail, respectively, to subsidize the sensible speaker market and, doubtlessly, dominate the marketplace for different sensible residence gadgets.
Reporting by Diane Bartz; Modifying by Nick Zieminski
Our Requirements: The Thomson Reuters Trust Principles.