Antitrust Hearing Involving Apple Chief Tim Cook and Other Big Tech CEOs Moved to Wednesday

[MacRumors]

Apple chief Tim Cook and other big tech CEOs will participate in a rescheduled antitrust hearing on Wednesday.

The hearing to be held by the U.S. House Judiciary Antitrust Subcommittee was supposed to happen on Monday, but it was postponed to avoid a conflict with a memorial service for the late representative John Lewis.

Cook is expected to join Amazon CEO Jeff Bezos, Alphabet/Google CEO Sundar Pichai, and Facebook CEO Mark Zuckerberg at the hearing, which is the culmination of a more than year-long investigation into the four tech giants.

Cook is said to have spent the better part of a month preparing for the hearing, which may touch on a wide range of subjects, from App Store policies and Apple's disputes with the FBI over providing methods for law enforcement to access locked devices, to Apple's relationships with China.

After the hearing, lawmakers plan to publish a report based on their findings and propose legislation to bring antitrust laws up to date to deal with issues unique to digital marketplaces.

The hearing is due to take place at noon Eastern time and will be live streamed here.

Article Link: Antitrust Hearing Involving Apple Chief Tim Cook and Other Big Tech CEOs Moved to Wednesday

 

[ghanwani]

That was a pretty quick reschedule. These guys are obviously not that busy. haha

 

[DelayedGratificationGene]

That was a pretty quick reschedule. These guys are obviously not that busy.

Lol....definitely not busy.

 

[bobbie424242]

Please leave Tim alone ! He's working solely for the greater good of humanity and enriching people's lives, that has to be something !

 

[imom]

Apple can't get rid of Cook soon enough. That weirdo is a walking liability.

 

[CarlJ]

That was a pretty quick reschedule. These guys are obviously not that busy.

I expect if it was going to be months before a rescheduled meeting took place, you’d just be posting something like, “they can’t seem to get their act together”, or “this hearing must not be that important”.

 

[I7guy]

Apple can't get rid of Cook soon enough. That weirdo is a walking liability.

Be careful what you ask for. Someone "worse" than Cook could get the reins.

 

[calzon65]

The bigger your success, the bigger the target on your back.

I remember years ago when Microsoft was being attacked as a monopoly. Politicians and bureaucrats were screaming about breaking Microsoft apart (OS division, application division, etc.)

 

[Cosmosent]

1.) Would like to see New Law that requires AAPL to disclose / report "per-Category Revenue Numbers" for the TOP TEN App Stores around the world, @ each Quarterly & Annual Earnings Release !

2.) Would like to see New Law that allows Users to select a third-party App Store App of their choosing !

It is my very strong opinion that Cook & Schiller have done an Extremely Poor Job WRT the App Store !

I give them a D-- grade !

They promote the Hell our of their own Apps & Services (e.g., WTF do I have to see Apple Arcade cr@p almost every single day in my Today tab ?) !

They ALSO (clearly) Play Favorites !
[automerge]1595865469[/automerge]

The bigger your success, the bigger the target on your back.

I remember years ago when Microsoft was being attacked as a monopoly. Politicians and bureaucrats were screaming about breaking Microsoft apart (OS division, application division, etc.)

Who bailed AAPL out to the tune of $300M USD (mostly to prevent that Monopoly) ???

That's right, MSFT !

 

[twocents]

Be careful what you ask for. Someone "worse" than Cook could get the reins.

my bets are on Williams. While he may be a bit of a bore at least on stage, great job thus far on functional design after Ivey on top of operations is solid exp

 

[I7guy]

1.) Would like to see New Law that requires AAPL to disclose / report "per-Category Revenue Numbers" for the TOP TEN App Stores around the world, @ each Quarterly & Annual Earnings Release !

2.) Would like to see New Law that allows Users to select a third-party App Store App of their choosing !

It is my very strong opinion that Cook & Schiller have done an Extremely Poor Job WRT the App Store !

I give them a D-- grade !

They promote the Hell our of their own Apps & Services (e.g., WTF do I have to see Apple Arcade cr@p almost every single day in my Today tab ?) !

They ALSO (clearly) Play Favorites !
[automerge]1595865469[/automerge]


Who bailed AAPL out to the tune of $300M USD (mostly to prevent that Monopoly) ???

That's right, MSFT !

The probably of laws specific laws being written, designed to alter Apple financial disclosures is near nil.

 

[alex2792]

Can’t wait to hear his spin on why Apple is entitled to a 30% cut on all subscriptions while prohibiting side loading, other app stores and alternative payment pto easing platforms.

 

[BoneHead001]

I miss Steve Jobs. Tim Cook ain’t no Steve Jobs by a long shot.

 

[jjhny]

Having any company dominate a market, control what apps you see, what media you see, what news you see is a terrible thing. Anti-trust is critical in keeping a free market. 'Cornered markets' have always been bad and have caused serious problems. This move is long past due for many tech companies who have been getting a pass - companies who impose censorship (either overtly or covertly), who can sway elections by filtering what you can or cannot see, who can make or break a small company by killing its advertising. Or a credit card company who can decide they don't like your business model and effectively put you out of business.

In the past there was literally a law about how many newspapers, TV stations, etc. a company could own in any narrow regional area. The idea was never to let any one company control your news and information. When a company gets to a certain size it has an unnatural advantage that a smaller company doesn't have. If you want to know what corrupts a governments, just look for a large multinationals that lobby to keep market dominance in whatever area. Or bows to a tyrannical government (CCP) to do the bidding of those in charge to get some sweetheart deal, and or cheap (slave) labor. Apple virtue signals, but lives off of the true exploitation of peoples in various nations.

(note: I am pro free market capitalism - but do not favor 'unchecked capitalism,' or 'communist capitalism.' Capitalism really just means the ability to centralize and accumulate capital. You can have any flavor of tyranny, left or right use centrally controlled capitalism).

 

[Md Moniruzzaman]

I miss Steve Jobs. Tim Cook ain’t no Steve Jobs by a long shot.

Well... but the real think is the success of Apple didn't came from Steve Jobs's head rather than from Tim Cook's. This is the man on behind the wheel! Steve Jobs just was the owner but the Tim Cook... go and do some study about Tim Cook. This guy was behind the success of IMB and Compaq too. When this guy left those companies, went "Hero to Zero" now it's time to see what's happen to Apple if he leaves.

 

[I7guy]

Having any company dominate a market, control what apps you see, what media you see, what news you see is a terrible thing. Anti-trust is critical in keeping a free market. 'Cornered markets' have always been bad and have caused serious problems. This move is long past due for many tech companies who have been getting a pass - companies who impose censorship (either overtly or covertly), who can sway elections by filtering what you can or cannot see, who can make or break a small company by killing its advertising. Or a credit card company who can decide they don't like your business model and effectively put you out of business.

In the past there was literally a law about how many newspapers, TV stations, etc. a company could own in any narrow regional area. The idea was never to let any one company control your news and information. When a company gets to a certain size it has an unnatural advantage that a smaller company doesn't have. If you want to know what corrupts a governments, just look for a large multinationals that lobby to keep market dominance in whatever area. Or bows to a tyrannical government (CCP) to do the bidding of those in charge to get some sweetheart deal, and or cheap (slave) labor. Apple virtue signals, but lives off of the true exploitation of peoples in various nations.

(note: I am pro free market capitalism - but do not favor 'unchecked capitalism,' or 'communist capitalism.' Capitalism really just means the ability to centralize and accumulate capital. You can have any flavor of tyranny, left or right use centrally controlled capitalism).

Except that Apple is a minority player by all accounts. And they control what media you see, what news you see etc.

So imo, the analogy is off-base.

 

[Lounge vibes 05]

I miss Steve Jobs. Tim Cook ain’t no Steve Jobs by a long shot.

If anything, the App Store guidelines under jobs were much more strict. I remember them getting called out every other week for removing some app from the App Store.