Big corporations deserve scrutiny, Apple has no monopoly: Tim Cook

San Francisco, September 22

Stressing that massive corporations deserve scrutiny, Apple CEO Tim Cook has mentioned that his firm conducts itself with utmost integrity and professionalism.

Speaking at The Atlantic Festival on Monday the place he mentioned privateness, antitrust points and his relationship with US President Donald Trump, Cook mentioned Apple has no monopoly over the worldwide markets, stories MacRumors.

“I have no issue at all in Apple being put underneath the microscope and people looking and probing. My hope is that as people heard our story and as they continue to hear our story that it will become as apparent to them as it is to us that we have no monopoly. There is no monopoly here,” Cook was quoted as saying On the continuing US antitrust investigation into massive tech companies, Cook mentioned that “big companies deserve scrutiny,” one thing that is “fair but important” for the American authorities.

“We’re in very, very competitive markets like smartphones, smartwatches, and tablets and personal computers. These things are fiercely competitive. They’re basically street fights for market share,” Cook confused.

Apple has confronted criticism in a number of markets together with within the US and Europe for the App Store charges, with the European Commission opening formal antitrust investigations to evaluate whether or not Apple’s guidelines for app builders on the distribution of apps by way of the App Store violate EU competitors guidelines.

Cook mentioned that their core technique won’t ever produce a monopoly.

“It’s very rare, almost impossible for the best to become the most as well. Somebody will choose a commodity product and there’s enough people that will buy the commodity product that it will have more share. And that’s true in all of the different fields we’re in”.

On his relationship with Trump, Cook mentioned that he views the precise conversations he is had with Trump as “private conversations”.

“We don’t focus on politics. And so it keeps us out of the sort of the daily scrum of politics and keeps us very focused on the things that are very important to us,” he added.

On distant work, Cook mentioned he cannot anticipate “everybody to be able to come back”.

“For things like creativity, you depend on people kind of running into each other over the course of a day. We have designed our entire office such that there are common areas where people congregate and talk about different things. And you can’t schedule those times”.

“We’ve got about 10-15 per cent working today in the office. I’m in the office at different points during the week as well, but the vast majority, 85 to 90 per cent of the company is still working remotely”.


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