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Hi everybody, I'm John Donovan and this is Intelligent Squared US.

And we've just seen something historic happen digitally in the halls of Congress

when the four CEOs of four of the biggest tech companies in the world,

Amazon and Apple and Facebook and Google were required to testify before Congress

and while there they were put in the position of having to defend their companies

against claims that they've just become too big, that they've become gigantic

to the detriment of the general public, that they are using their market power to crush competition,

that they're driven by nothing but their own profits, that they're amassing huge amounts of data,

and that basically they're running a foul of antitrust laws.

Some people are calling this big techs big tobacco moment, which is a call back to the 1990s

when seven CEOs of big tobacco companies all had to appear before Congress

and be accused of doing bad things to the public.

But is this fair in this case? Are these companies really doing bad things because of their size?

Are they really too big? And are you the consumer losing out because they've become big?

Or are you actually benefiting because of the size of these firms?

So we think in these questions we have the makings of a debate and that's what we're going to do.

But we're going to do it a little bit differently from our normal approach.

...