×
You will be redirected back to your article in seconds

Apple CEO Denies the Tech Giant Is a Monopoly but Says U.S. ‘Scrutiny Is Fair’

With U.S. regulators and lawmakers stepping up their focus and rhetoric on curbing the power of Silicon Valley’s biggest companies, Apple CEO Tim Cook insisted “we are not a monopoly” and rejected calls to break up the iPhone maker.

Cook, in an interview Tuesday with CBS News at Apple’s Worldwide Developers Conference in San Jose, came amid media reports that the U.S. Justice Department and Federal Trade Commission are mulling antitrust probes into Apple, Facebook, Google and Amazon.

“With size, I think scrutiny is fair. I think we should be scrutinized,” he told CBS News. “But if you look at… 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.”

Cook was interviewed by Norah O’Donnell, incoming anchor and managing editor of the “CBS Evening News,” who noted that Democratic presidential hopeful Elizabeth Warren has said Apple (and other tech giants) should be broken up — and specifically that Apple should be forced to divest the App Store.

“I strongly disagree with that,” Cook said. “I think some people would argue, if you are selling a good, then you can’t have a product that competes with that good.” But that’s akin to saying Walmart shouldn’t be allowed to sell its own house brand, he said.

Apple’s iPhone had 13.4% share of the global smartphone market in 2018, according to research firm Gartner. That said, Apple is the target of a class-action lawsuit alleging the App Store unlawfully monopolizes the aftermarket for iPhone apps. The Supreme Court allowed the case to proceed in a ruling last month.

In the CBS News interview, Cook also discussed Apple’s emphasis on privacy controls. On Tuesday at WWDC, Apple announced a new feature of the forthcoming iOS 13 called “Sign In with Apple” that will let customers use their Apple ID to log in to apps and websites — but allow them to keep their email address private by generating a unique, random email address instead.

Asked by O’Donnell whether Apple’s new sign-in was a shot at Facebook and Google, Cook responded, “We’re not really taking a shot at anybody… The user wants the ability to go across numerous properties on the web without being under surveillance.”

CBS News plans to air more excerpts from Cook’s interview on the “CBS Evening News” Wednesday evening.

More Digital

  • tubi kids

    Tubi to Launch Tubi Kids, U.K. Offshoot

    Ad-supported video streaming service Tubi is the latest to jump on the children’s entertainment bandwagon: Tubi is set to launch a dedicated kids section on Oct. 21, the company announced at Mipcom in Cannes Monday. Additionally, Tubi will also bring its service to the U.K. early next year. Tubi’s new kids section will offer access [...]

  • Terry Back chairman ACF

    Veteran U.K. Media Investor Terry Back Joins ACF as Chairman

    CANNES — Veteran U.K. film industry investor Terry Back has joined ACF investment bank as chairman. ACF, headed by CEO Thomas Dey, has been at the forefront of the M&A activity around independent TV and film production outfits, mostly in the unscripted TV arena. ACF is in the midst of expanding its activities in the [...]

  • Jay Frank

    Jay Frank, UMG Senior VP and Digital Music Veteran, Dies at 47

    Universal Music executive and digital music veteran Jay Frank died Sunday after a battle with cancer. He was 47. UMG chief Lucian Grainge remembered him in a message sent to the company. “Dear Colleagues,” it reads. “I’m deeply saddened to tell you that our colleague and friend Jay Frank has passed after a recurrence of [...]

  • Sam-Colby-The-Graveyard

    YouTube’s Sam and Colby Unveil ‘The Graveyard’ Paranormal Series Set in London

    Sam and Colby, YouTube’s favorite DIY paranormal investigators, headed to the U.K. for their next big ghost-hunting project. The duo today released the trailer for “The Graveyard,” a four-part docu-series shot in The Langham – by legend, London’s most haunted hotel – and an abandoned church graveyard. The project is their first international expedition. The [...]

  • Santos Dumont

    Mipcom: International TV Output Picture Changing for U.S. Majors

    The global import-export strategies of the U.S. majors are in flux as the world’s major content companies gather this week in Cannes for the annual Mipcom market and conference. Disney, WarnerMedia and the other handful of media conglomerates that control the vast majority of the U.S. market are in the midst of a radical transition [...]

  • Babylon Berlin

    ITV-Backed Streamer Cirkus to Launch European Drama Service Kritic (EXCLUSIVE)

    SVOD outfit Cirkus is expanding with Kritic, a new service programmed with premium non-English-language drama. The first launch will be in Sweden in December and feature big-ticket shows such as “Babylon Berlin” from Germany and “Gomorrah” from Italy. Cirkus has established itself in the Nordics and German-speaking territories. Kritic will roll out in Sweden before [...]

  • Mama K's Tesm 4

    Time Travel, Child Hosts, Diversity Build in Kids Shows, Says Glance Study

    CANNES —  More or less the only thing that hasn’t changed in Avril Blondelot’s MipJunior presentation of Kids Audience Successes Around the Globe was Blondelot herself. As well as, which she began by reporting, that “Alvin and the Chipmunks,” “SpongeBob SquarePants” and “Miraculous Ladybug” – in that order – still dominate the rankings for the [...]

More From Our Brands

Access exclusive content