Friday, February 26, 2021
Home Lead Story Apple CEO Tim Cook Rejects Charges of Apple Being ‘a Monopoly’

Apple CEO Tim Cook Rejects Charges of Apple Being ‘a Monopoly’

However, he expressed a strong disagreement with calls by some politicians in Washington that tech giants like Apple should be broken up

Apple CEO Tim Cook has rejected the allegation that Apple was “a monopoly” that should be broken up along with other US tech giants such as Google, Amazon and Facebook.

In an interview to CBS News, Cook said that though Apple was big in size and government scrutiny was “fair,” he would not agree with the argument that his company was a monopoly, Xinhua news agency reported on Tuesday.

“I don’t think anybody reasonable is going to come to the conclusion that Apple’s a monopoly… Our share is much more modest. We don’t have a dominant position in any market,” he said.

Apple, Tim Cook, Campus, China
Apple CEO Tim Cook discusses the new Apple iPhones and other products at the Steve Jobs Theater during an event to announce new products in Cupertino, California. VOA

The Apple CEO agreed that the government scrutiny of big tech companies was fair. “We should be scrutinised.”

Also Read- Spotify Testing Genre-specific Podcast Playlists

However, he expressed a strong disagreement with calls by some politicians in Washington that tech giants like Apple should be broken up.

Over the past few days, media reports said the US authorities are mulling an antitrust probe into big tech companies for a wide range of issues, such as fake news, the policy of user privacy, their monopolised shares on advertising market and foreign influence in US political affairs via social media platforms. (IANS)

STAY CONNECTED

19,120FansLike
362FollowersFollow
1,773FollowersFollow

Most Popular

Cyberattacks Per Healthcare Organization Jumped 37 Percent In The Last 12 Months

Cyberattacks on hospitals and healthcare organizations have emerged as a top hacker trend in 2020, as monthly cyberattacks per healthcare organization jumped 37 percent...

Zoom App To Launch Automatic Closed Captioning Feature

Video conferencing app Zoom said it is working towards making "automatic closed captioning" available for all the free account holders to make the service...

B-Town Producers Don’t Have Investment, Talent as OTT Platforms Have: Abhay Deol

Bollywood producers neither have the money nor talent to cater to audiences who want something beyond the popular and the mainstream, claims actor Abhay...

How Delhi Police Reunited a Divyang Person With His Family Based on Just One Word “Hospital”

The Delhi Police reunited a 30-year-old divyang person with his family following a lead based on just one word - Hospital. On the intervening night...

COVID Lockdown Lead To Increase in The Cases of Domestic Violence: Study

While Covid-19 related lockdowns may have decreased the spread of a deadly virus, they appear to have created an environment for increased domestic violence,...

Number Of Digitally Skilled Workers To Grow 9X In India By 2025

The number of workers in India requiring digital skills will need to increase nine times by 2025, and the average worker will need to...

The Union Government Releases New Guidelines For Social Media, OTT

The Union Government on Thursday came up with new stringent guidelines for social media platforms along with a code of ethics for over-the-top (OTT)...

Businesses In India To Implement Robotic Process Automation By 2024

Nearly half of all businesses in India will implement robotic process automation (RPA) by 2024, said an IDC study on Wednesday. The study commissioned...

Recent Comments