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 U.S. internet companies. Here are the main allegations:

Apple

WWDC20 signage is displayed during the Apple Worldwide Developers Conference seen on a laptop computer in Arlington, Virginia, U.S., on Monday, June 22, 2020.

Photographer: Andrew Harrer/Bloomberg

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%, 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 ...