Apple CEO says U.S. scrutiny 'fair,' but rejects idea company is a monopoly

FILE PHOTO: Tim Cook, CEO of Apple, waves to attendees during an Apple special event at the Steve Jobs Theater in Cupertino, California, U.S., March 25, 2019. REUTERS/Stephen Lam

Cook, speaking in an interview with CBS News that aired on Tuesday, said Apple controlled a moderate share of the market but was not too big, and disagreed with calls from some U.S. politicians that the company be broken up. On Monday, sources told Reuters said U.S. authorities were preparing to launch what could be a wide-ranging probe with oversight divided between the Federal Trade Commission and the Department of Justice. U.S. officials must still decide whether to open formal investigations.

Technology companies have faced increased scrutiny on a range of issues from privacy and their impact in the 2016 election to advertising and their effect on the marketplace.

People. You can live your life without Apple. Because you choose not to is not aiding and abetting crime. Google on the other hand is unconscionable as they gobble up everything and sell your data. From Nest to security to habits

They are right, they do have heavy competition from Android and PCs

Tim apple cooked Mac and now it tastes like an overpriced overcooked steak😉

What you want Samsung crap instead of Apple?

I hear rumors Tim Apple is a great Cook

Yup. Leave $AAPL alone and go after Facebook and Google.

You don’t have to be a monopoly to be sanctioned under antitrust rules though

Apple

LOL

Does Apple have a monopoly on $999 monitor stands?

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Feds target four of the biggest tech companies in U.S., and their stocks are getting slammedA federal government crackdown on big tech is punishing Big Tech on Monday, with Shares of Alphabet Inc., Amazon.com Inc. , Facebook Inc., and Apple Inc.... breakapart the monopolies! Barnes_Law If it gets to the point of settlement negotiations in a suit, the DOJ should seek as part of the settlement that the tech companies must allow communication to the fullest extend under the 1st Amendment. QQQ hit ... stay clear of leveraged ETFs
Источник: MarketWatch - 🏆 3. / 97 Прочитайте больше »