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App Store - How will the lawsuit be concluded between Apple and Epic Games?

App Store against antitrust allegations made by Fortnite developer Epic Games.App Store against antitrust allegations made by Fortnite

App Store - How will the lawsuit be concluded between Apple and Epic Games?
Yazar: Ross Sutton

Yayınlanma: 4 Mayıs 2021 20:07

Güncellenme: 4 Mayıs 2024 04:28

App Store

- How will the lawsuit be concluded between Apple and Epic Games?

  App Store - How will the lawsuit be concluded between Apple and Epic Games? App Store against antitrust allegations made by Fortnite developer Epic Games. The Company will attend a hearing in a federal court in California on Monday to defend the Company against antitrust allegations made by Fortnite developer Epic Game. The popular game, with about 350 million registered players, was launched from Apple's and Google's (GOOG, GOOGL) app stores in August and then banned on operating systems. Both Apple and Google said the move violated their terms of service and it was correct to take the game out of stores. Epic on it; He filed separate lawsuits against Google and Apple, claiming that the removals were anti-competitive restrictions and monopolistic practices that violated antitrust laws. Wedbush analyst Dan Ives wrote in a note on Monday predicting that Apple will prevail, that the case will be closely monitored by regulators and app developers around the world. He will attend the hearing in a federal court in California on Monday to defend the Apple. Like other tech giants Amazon (AMZN), Google and Facebook (FB), Apple AAPL (NasdaqGS) $127.16 -5.38(-4.06%) also faced increased worldwide competition scrutiny. At the end of last month, the UK held a hearing examining both Apple's and Google's app store policies.

App Store against antitrust allegations made by Fortnite developer Epic Games.

US lawmakers previously attacked Apple in a Corporation Antitrust Report on Big Tech and claimed the tech giant was using the App Store to punish rivals and make high profits. Emphasizing that the Company is very profitable for Apple, Ives stated that the service industry alone is worth 1.3 trillion dollars. When Apple released Fortnite from its store, the app had over 250 million downloads on iOS. Epic claims that He charges a 30 % commission on every app sale and in-app purchase, which is illegal. Apple says the 30 % fee is justified compensation for access to the customer base, technology, security, store content review and customer service. According to Apple; Epic makes unfounded claims because it doesn't want to pay anything for the enormous value it gets from the Company.

Can Epic win the case?

For Epic to win the case, it must prove that Apple's fees are hurting consumers in general. It also needs to be persuasive that Epic's 12 % fee on its platform is different from Apple's 30 % commission. Both Apple and Google have taken some steps to avoid criticism of app store fees. Both companies have announced that they will begin offering discounted fees for small developers from July 1. Apple also filed a lawsuit against Epic, which it said was deliberately breaching its contract to avoid paying commission. App Store against antitrust allegations made by Fortnite developer Epic Games.  

Source: finance.yahoo.com

 

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App Store – How will the lawsuit be concluded between Apple and Epic Games?

   
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