Elizabeth Warren says Apple, Amazon and Google are trying to ‘lock out’ the competition

“Google, Apple and Amazon have created disruptive technologies that changed the world, and … they deserve to be highly profitable and successful,” Warren said. “But the opportunity to compete must remain open for new entrants and smaller competitors that want their chance to change the world again.”

As far as we’re aware, the only entity with the power to close the market to new entrants and smaller competitors is the government, Warren’s greatest love.

“Apple has long used its control of iOS to squash competition in music, driving up the prices of its competitors, inappropriately forbidding us from telling our customers about lower prices, and giving itself unfair advantages across its platform through everything from the lock screen to Siri. You know there’s something wrong when Apple makes more off a Spotify subscription than it does off an Apple Music subscription and doesn’t share any of that with the music industry. They want to have their cake and eat everyone else’s too.”

Spotify doesn’t have to use iOS to publish its platform. It chooses to do so knowing the requirements of Apple’s App Store, which includes a 30% cut of all sales from the store. The government should not be involved in picking winners and losers. The market can do that in a far more efficient manner.