General

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

Author : NewsGram Desk

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 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."

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)

Subscribe to our channels on YouTube and WhatsApp 

DU Imposes One-Month Ban on Campus Protests After Clashes Over UGC Equity Regulations—Faculty Call It “Blanket Clampdown”

Madhya Pradesh High Court Rejects Bail in Chhindwara Toxic Coldrif Syrup Death Case as 26 Children’s Fatalities Linked to Contaminated Medicine

NBEMS Tells Supreme Court It Had No Role in NEET-PG 2025 Cut-Off Reduction

Actor Sidharth Malhotra Pens Emotional Tribute for His ‘Favourite Hero’ Father Sunil Malhotra After His Demise; Recalls His Values, Discipline, Integrity and Legacy

Massive Explosion in the Illegal Firecracker Manufacturing Factory at Rajasthan's Bhilwadi Area Kills Seven Workers; Triggers Safety Inspection Across the Area