Friday, December 05, 2025 | 05:29 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

US Big Tech under attack: Key allegations in House antitrust report

A House panel released a report proposing reforms to curb the power of the four largest US internet companies

Photo: Reuters
premium

The House subcommittee alleged Amazon has monopoly power over small online sellers in the US, among other things. Photo: Reuters

Mark Gurman, Matt Day, Sarah Frier and Gerrit De Vynck | Bloomberg
A House panel released a report proposing reforms to curb the power of the four largest U.S. internet companies. Here are the main allegations:

Apple

The iPhone maker is a monopolist that uses its dominance to harm rivals and consumers, according to the report. The subcommittee argued that Apple’s cut of App Store purchases, typically 30 per cent, is “exorbitantly high,” and that it gives its apps priority in the App Store.

Apple works to create high switching costs for users, producing a lock-in effect that lets it exert monopoly power over app developers who are unlikely to ditch the mobile platform, the