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Apple CEO Tim Cook on privacy: ‘the free market is not working’

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Tim Cook
Cook has previously called
for self-regulation on privacy issues.

AP

  • In an interview with
    Axios
    , Tim Cook said that regulation was “inevitable.”
  • On the issue of user privacy, Cook said, “we have to
    admit when the free market is not working. And it hasn’t worked
    here.”
  • Previously, Cook urged other tech companies to
    self-regulate, saying Facebook had failed in that
    regard.

Apple CEO Tim Cook says regulation is coming but plans
to roll with the punches.

In an interview with
Axios
, previewed on their site early Sunday, Cook told Mike
Allen that despite his general dislike of government regulation
on business, “we have to admit when the free market is not
working.” In regards to user privacy, Cook said, “it hasn’t
worked here.”

Cook was blunt in warning “I think the Congress and the
administration at some point will pass something.” 

Previously, Cook has advocated for self-regulation,
particularly around privacy issues. In the wake of the Cambridge
Analytica scandal, Cook told
Recode
, “I think the best regulation is no regulation, is
self-regulation, however, I think we’re beyond that here.”

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Recently, however, Cook has begun to discuss government
regulation as an important aspect of the recent cultural
discussion happening around user privacy. In a Vice News
interview,
Cook said
, “some level of government regulation is
important.”

Cook told Axios that he welcomes coming regulation in the
realm of privacy, arguing pitting privacy and profits or
innovation against each other was “a false choice.”

Besides his recent promotion of some regulation, Cook
has shown a willingness to work with government officials,
having met with President Donald Trump
multiple times
in 2018.

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