Apple CEO Tim Cook releases opening statement ahead of historic congressional antitrust hearing: 'We make no concession on the facts'

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  • Apple CEO Tim Cook released his opening statement ahead of the historic tech antitrust hearing before House Judiciary's Antitrust subcommittee on Wednesday.
  • Cook is set to appear alongside Amazon CEO Jeff Bezos, Facebook CEO Mark Zuckerberg, and CEO Sundar Pichai of Alphabet, the parent company of Google, as part of an investigation into the companies' power and influence on the tech industry.
  • Cook's opening statement defended Apple, asserting that the company "does not have a dominant market share in any market where we do business."
  • The App Store has been subjected to scrutiny amid "growing concern among lawmakers that the company's App Store — and broader app ecosystem — is hurting developers," according to Business Insider's Hugh Langley and Aaron Holmes.
  • Visit Business Insider's homepage for more stories.

Apple CEO Tim Cook released his opening statement on Tuesday, ahead of the historic tech antitrust hearing before Congress, which will also feature the CEOs from Google, Facebook, and Amazon.

The CEOs of the four tech giants will appear before House Judiciary's Antitrust subcommittee on Wednesday as part of an investigation into its power and influence on the tech industry.

See the rest of the story at Business Insider

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SEE ALSO: The CEOs of Apple, Google, Facebook, and Amazon are set to testify before Congress in a historic antitrust hearing. Here's what's at stake for each company.



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