Tim Cook to Antitrust Hearing: ‘Apple Does Not Have a Dominant Market Share’

In testimony prepared ahead of Wednesday’s antitrust hearing, Tim Cook reminded officials that “Apple does not have a dominant market share in any market in which we do business” in any product category. The CEO of the company also highlighted Apple’s focus on privacy and security. “We create products that, from the ground up, help users protect their fundamental right to the privacy of their personal data,” the statements continued. He is expected to join Alphabet’s Sundar Pichai, Facebook’s Mark Zuckerberg and Amazon’s Jeff Bezos.

Apple, a ‘only American company’, Tim Cook announces antitrust hearing

the declaration begins with a tribute to the late Congressman John Lewis. Mr. Cook says it was “one of the great honors of my life” to welcome him. The antitrust hearing has been delayed so as not to coincide with a memorial service for Representative Lewis. Mr. Cook goes on to describe Apple as “a uniquely American company whose success is only possible in this country.”

Tim Cook and Jeff Bezos will both appear before lawmakers.

The importance of conservation for the App Store

Elsewhere in the document, Cook comments that “conservation has always been one of the main features and sources of value of the App Store for our users”, comparing it to a “quality department store”. He writes that “from the start, the App Store was a revolutionary alternative”.

“For the vast majority of apps in the App Store, developers keep 100% of the money they make,” Cook notes, trying to avoid criticism of Apple’s share of sales. In addition, “the only applications subject to a commission are those where the developer acquires a customer on an Apple device and where the features or services are experienced and consumed on an Apple device,” the statement continued. He also describes these commissions as “comparable or inferior” to those of many competitors and points out that “more than 1.9 million American jobs in the 50 states are attributable to the App Store ecosystem.”

Statements by Mr. Zuckerberg, Mr. Pichai, and Mr. Bezos are also available. The hearing will begin Wednesday at noon (ET).

We will be happy to hear your thoughts

      Leave a Reply

      AppleiPhonestop - Apple iPhone News and Rumours All Day
      Enable registration in settings - general
      Compare items
      • Laptops (0)