Daily: EPIC APP BATTLES of history – why Apple Inc.’s monopoly matters

The Bunker – News without the nonsense

Podmasters

News, Government, Politics, Society & Culture

4.6 • 1K Ratings

🗓️ 16 September 2021

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

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Summary

If Apple Inc. was an economy, it would be the eighth largest in the world. But facing huge lawsuits across the world, it is finally starting to encounter the weight of its success. Has the company abused its market monopoly position in tightening its technological grip? Alex Andreou talks to Brooke Masters, Chief Business Correspondent at the FT, and Reuters Tokyo’s Tim Kelly about big tech battles in India, Japan, and South Korea…and why Epic has merely taken a byte out of the Apple Store. “Apple generally has a principle that whatever it does applies globally.” - Brooke Masters “The revenue from Apple's App Store is a huge source of revenue for the company.” - Brooke Masters “Technology has moved on, but the law hasn't moved as fast.” - Tim Kelly “Apple's business model is to keep people in their universe and buying stuff.” - Brooke Masters “If Apple is the subject of anti-trust action, then what does that mean for Google?” - Tim Kelly Presented by Alex Andreou. Produced by Andrew Harrison. Assistant producers: Jelena Sofronijevic and Jacob Archbold. Music by Kenny Dickinson. Audio production by Alex Rees. THE BUNKER is a Podmasters Production Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	My name is Stan. I'm at. Nice to meet you. So you took up photography where? I've always loved
0:05.5	photography but I turn it into earning a living at 60. I enrolled on a day course.
0:11.8	Well college. I loved going to college. It's good you can retry. I'm enrolled on the day course. But college?
0:13.0	I loved going to college.
0:14.0	It's good you can retrain and do something.
0:16.0	Yeah, yeah.
0:17.0	Let's talk about working, learning, saving and making the most of living longer.
0:22.0	Phoenix Group is the UK's largest long-term savings and retirement business.
0:28.0	Search Phoenix Group living longer.
0:30.0	Pets brings so much joy.
0:32.0	From those happy greetings at the door to the warm cuddles on the sofa
0:36.7	so give a little love back with dental life from Purina a range of delicious chues made for dogs and tasty snacks for cats that help clean and support your pets, teeth and gums, essential for their overall well-being and a happy, healthy life. They give you plenty of smiles so
0:55.3	look after theirs with dental life. Pick up dental life in the pet food aisle. Hello and welcome to the bunker daily I am your host Alex Andro.
1:12.3	Steve Jobs often spoke of the lightness of being a beginner as opposed to the heaviness of being successful.
1:20.0	Well, his creation Apple Incorporated is beginning to encounter the heaviness of success
1:25.4	in a very real regulatory way with several court cases and competition
1:29.7	investigations around the world to help me understand what those fights are about and why they are vital to not just Apple but other giants as well as the lives and livelihoods of billions of people around the world, I have two wonderfully knowledgeable
1:44.7	nerds with me.
1:46.7	Brooke Masters is an American based in London who spent more than a decade covering regulation
1:52.2	and white-collar crime and has also
1:54.1	served as the Financial Times Company's editor and opinion editor. She is
1:58.8	currently chief business commentator at the FT. Welcome to a podcast, Brooke.
	...

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