Key antitrust allegations against Apple, Amazon, Google and Facebook in US House panel report

A House panel released a report proposing reforms to curb the power of the four largest US internet companies. Here are the main allegations:AppleThe 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…

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