Eastern Time. In addition to Cook's testimony, it is also expected to feature testimony from Facebook CEO Mark Zuckerberg, Amazon CEO Jeff Bezos, and Google/Alphabet CEO Sundar Pichai.
The committee has amassed at least 1.3 million documents throughout the course of its investigation, held five hearings, and spent hundreds of hours conducting interviews as it investigates the big tech companies.
App Store policies aren't anti-competitive: "Apple's commissions are comparable to or lower than commissions charged by the majority of our competitors". He will then point out the competitive nature of the smartphone market, with the iPhone competing against the likes of Samsung, Huawei, and LG for market share.
We'll share highlights from the antitrust hearing covering what Cook has to say, but those interested in a complete picture of what happens at the hearing can watch live.
The App Retail store has been subjected to scrutiny amid "rising problem amongst lawmakers that the company's Application Store - and broader app ecosystem - is hurting builders", in accordance to Enterprise Insider's Hugh Langley and Aaron Holmes. Alternatively, Prepare dinner claimed Apple "reduced them for subscriptions and exempted more groups of apps".
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Cook is expected to be grilled about Apple's App Store policies in regard to app rejection and competition, disputes with the Federal Bureau of Investigation over encryption and law enforcement access to locked devices, Apple's relationship with China, and its App Store fees and subscription policies.
When the European Union had initiated an antitrust probe in Apple over allegedly anti-competitive practices, it had said that "we can't let Apple be the gatekeeper". "We treat every developer the same". Cook's opening statement was shared yesterday, and can be read here.
Cook will refer to the findings of a recent Apple-commissioned study which showed that the App Store facilitated $500 billion in commerce across 2019.
Apple Inc Chief Executive Officer Tim Cook will tell USA lawmakers probing his company's market power that the iPhone maker's App Store has opened the "gate wider" for developers and doesn't stifle competition.
"In the more than a decade since the App Store debuted, we have never raised the commission or added a single fee".