Earlier today, the U.S. House Judiciary Antitrust Subcommittee completed its ongoing antitrust investigation into the practices of Apple, Facebook, Google, and Amazon, reaching the conclusion that the tech companies are the “kinds of monopolies” last seen in “the era of oil barons and railroad tycoons.”
Apple in a statement to MacRumors said that it strongly disagrees with the conclusions reached in the report in respect to Apple, and that Apple does not have dominant market share in categories where it does business.
We have always said that scrutiny is reasonable and appropriate but we vehemently disagree with the conclusions reached in this staff report with respect to Apple. Our company does not have a dominant market share in any category where we do business. From its beginnings 12 years ago with just 500 apps, we’ve built the App Store to be a safe and trusted place for users to discover