Apple CEO, Tim Cook, about privacy: "the free market does not work"



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Apple CEO Tim Cook said the regulation was imminent, but he intended to take the lead.

In an interview with Axios, scheduled for Sunday on their website, Cook told Mike Allen that, despite his general dislike of government regulation of business, "we must admit that the free market does not work." Regarding user privacy, Cook said, "It did not work here."

Cook was adamant in the warning "I think Congress and the administration at one point will succeed something."

Previously, Cook had advocated for self-regulation, especially with respect to privacy issues. As a result of the Cambridge Analytica scandal, Cook told Recode: "I think the best regulation is the lack of regulation, it's self-regulation, but I think we're over there. beyond that. "

Read more: A former Facebook executive has denounced the hypocrisy of Apple's CEO in terms of privacy

Recently, however, Cook has begun to discuss government regulation as an important aspect of the recent cultural discussion on user privacy. In an interview with Vice News, Cook said, "Some level of government regulation is important."

Mr Cook told Axios that he welcomed the upcoming regulations in the field of privacy protection, arguing that the distinction between privacy and profits or innovation was "a false choice".

Cook has shown his willingness to work with government officials after meeting President Donald Trump on several occasions in 2018.

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