Judicial period of the U.S. House of Representatives Antitrust hearing investigates Apple, Amazon, Google and Facebook, the latter’s CEO Mark Zuckerberg (Mark Zuckerberg) tried to downplay the service’s market dominance by pointing out the areas behind its competitors. It is worth noting that Zuckerberg summoned Apple in an unexpected way.
Each CEO of the four major technology companies has five minutes to share an opening statement before answering questions from the Judiciary Committee. Interestingly, Facebook CEO Mark Zuckerberg took the opportunity to make it appear weaker than Apple, Amazon, and Google, thereby reducing antitrust threats. These comments are not in Zuckerberg’s eyes. Ready comments Shared last night…
In many areas, we lag behind our competitors. The most popular messaging service in the United States is iMessage. The fastest growing application is TikTok. The most popular video application is YouTube. The fastest growing advertising platform is Amazon. The largest advertising platform is Google.
It’s worth noting that specific Apple applications (such as iMessage) are not the focus of attention Antitrust issues For the company, it is how to operate its App Store, such as the 30% commission and App Store rules and how they affect competition and consumers. But Zuckerberg’s comments suggest that the popularity of Apple’s iMessage should be investigated by the Judicial Committee, with the bottom line being “don’t worry about us, look at them.”
Some of Apple’s chief executive Tim Cook’s response at the hearing included arguing that the company has not abused its power for years.
“In the more than ten years since the App Store debut, we have never increased commissions or increased any fees. In fact, we have reduced the number of subscribers and eliminated other categories of apps. The App Store has evolved with the development of the times. Development, every change we make is designed to provide users with a better experience and provide developers with compelling business opportunities.”
Learn all the details at our large antitrust hearing Live blog report.
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