Apple CEO Tim Cook says monopolies aren't bad if they aren't abused

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Apple CEO Tim Cook says monopolies aren't bad if they aren't abused
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In an interview with Nikkei Asian Review on Wednesday, the Apple CEO denied that Apple itself has a monopoly in any sector.

Apple CEO Tim Cook has defended the existence of monopolies in business, saying that"a monopoly by itself isn't bad if it's not abused." Cook made the remark in a wide-ranging interview with Nikkei Asian Review on Wednesday, while denying that Apple itself has a monopoly in any sector. Apple has faced several complaints about how its App Store treats app providers who compete with Apple services.

Apple CEO Tim Cook has defended the existence of monopolies in business, saying that"a monopoly by itself isn't bad if it's not abused." Cook made the remark in a wide-ranging interview with Nikkei Asian Review on Wednesday, while denying that Apple itself has a monopoly in any sector. Apple has faced several complaints about how its App Store treats app providers who compete with Apple services.

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