Microsoft President Raises Concerns About Apple App Store In House Antitrust Meeting
Microsoft president and chief legal officer Brad Smith reportedly expressed concerns about the Apple App Store in a meeting with the US House antitrust committee investigating dominant tech companies.
The meeting came a few weeks before the House’s Judiciary Antitrust Subcommittee is set to grill prominent tech executives like Apple CEO Tim Cook, Facebook CEO Mark Zuckerberg, and Alphabet and Google CEO Sundai Pichai.
Amid the ongoing antitrust probe, the committee met with Smith via videoconference earlier in the summer, The Information reported. According to sources familiar with the meeting, the primary goal was to get Microsoft’s perspective as a major technology company that has faced past antitrust regulation.
But The Information notes that Smith also discussed some of Microsoft’s “concerns” about how Apple operates its App Store — an issue at the forefront of the House committee’s investigation.
Specifically, the concerns centered on the “arbitrariness of Apple’s practices around approving apps, while also criticizing Apple’s requirement that developers use the company’s payment mechanism through their apps.” Smith did not levy any criticisms against other tech companies, sources claimed.
Spotify, Basecamp and other companies have complained about Apple’s 15% to 30% cut of in-app purchases made through its payment system. In June, the House antitrust chairperson called the fees “highway robbery.”
Apple, for its part, says that those fees are meant to ensure consistency across the App Store — not to generate excess profits.
Featured News
Turkey Fines Meta $10.4 Million for Abusing Market Dominance
May 6, 2024 by
CPI
Canadian Watchdog Launches Inquiry into Lululemon’s Greenwashing Practices
May 6, 2024 by
CPI
Massachusetts Supreme Court Deliberates Ballot Redefining Gig Worker Status
May 6, 2024 by
CPI
European Commission Approves Nippon Steel’s $14.9 Billion Buyout of U.S. Steel
May 6, 2024 by
CPI
Banco Sabadell Rejects Rival BBVA Merger Proposal
May 6, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI