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Giants of technology, including Apple (AAPL + 0.7%), Amazon.com (AMZN + 1.8%), Facebook (FB + 1.6%) and Google (GOOG + 0.9%, GOOGL + 0.9%) will be called to testify at the antitrust hearing of the Judiciary Committee of the House of Representatives next week.
This follows the regulators' willingness to divide in four to broaden the investigative power, as the government examines public concerns about the size and power of the sector.
And the news of the day comes just two weeks after President Trump said, "We should pursue Google and Facebook, and maybe we'll do it" in an interview with Fox Business.
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