As a response to regulate “Big Tech”, the United States Government quickly rushed out some antitrust bills in an attempt to mitigate the “monopoly power” of some tech giants, like Apple, Amazon, Google and Facebook.
A new report from The New York Times claims that Apple CEO Tim Cook personally called Speaker Nancy Pelosi, as well as other members of Congress, to “deliver a warning“.
During the call, Tim reportedly said that the antitrust bills were “rushed” and would “crimp innovation” — claiming that the newest six antitrust bills, in their current iterations, would disrupt the iPhone.
In other words, he called and said “WAIT PLZ NO YOU MAKE IPHONE NO FUN FOR TIM”
If passed, those bills would give more power to regulators, and hinder big tech companies (like Apple) from acquiring start-ups as a way to use their massive wealth to take so much control of the market.
“The antitrust bills were rushed, he said. They would crimp innovation. And they would hurt consumers by disrupting the services that power Apple’s lucrative iPhone, Mr. Cook cautioned at various points, according to five people with knowledge of the conversations.“
The New York Times
Speaker Pelosi reportedly pushed back against Tim’s “warning” and rejected his request to have the House Judiciary Committee delay the hearings to pass the bills.
I’ll give you an “A” for effort, TIm. GG.
