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US: Tim Cook: Apple is “not a monopoly”

By  |  June 5, 2019

Tim Cook, Apple’s CEO, believes a degree of regulatory scrutiny is “fair” given the company’s sprawling scale, but he insists it is “not a monopoly,”  reported Reuters.

He made the comments to CBS News (see the video below) as Apple unveiled a range of new products and services at its developers conference in San Jose on Monday, June 3. On the same day, the House Judiciary Committee announced an investigation of tech giants, a move that followed reports of a Department of Justice probe of Google and a Federal Trade Commission investigation of Amazon.

In a segment of an interview slated to run in full on Tuesday’s CBS Evening News, anchor Norah O’Donnell asked Cook if he felt that Apple has grown too big.

“I don’t think so,” he replied. “But with size, I think scrutiny is fair. I think we should be scrutinized. But if you look at our – any kind of measure about is Apple a monopoly or not, I don’t think anybody reasonable is gonna come to the conclusion that Apple’s a monopoly.”

Full Content: USA Today, Reuters

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