France’s Finance Minister Bruno Le Maire has lambasted companies such as Apple that “develop strategies to lock in their users” through the creation of ecosystems. Speaking Tuesday, Le Maire said that these companies represent a “competition issue” that should be scrutinized by antitrust investigators.
Le Maire’s comment was broader than just Apple. But he did note that Apple’s market capitalization is now larger than the capitalization” of all the CAC 40. This refers to the benchmark French stock market index.