The hearing takes place at a time of extraordinary interest in tougher antitrust enforcement, much of it focused on the biggest U.S. technology companies.
Senator Amy Klobuchar, who chairs the antitrust subcommittee, is hoping to act before the existing tech giants, in this case Amazon and Google, establish themselves as unassailable.
In the smart speaker market, she cited data that showed that Amazon was at 53 percent market share while Google was at 31 percent.
“We know that this is a growing market.”Smart home technology can be smart speakers like Amazon’s Echo or Google’s Nest, security systems or televisions.
Last year, Sonos CEO Patrick Spence told a congressional committee that Google and Amazon used their dominance of search and online retail, respectively, to subsidize the smart speaker market and, potentially, dominate the market for other smart home devices.
Amy Klobuchar, ”, Ryan McCrate, Wilson White, Eddie Lazarus, Patrick Spence
U.S, Congress, Google, Sonos Inc, Facebook, ” Smart