Billion-Dollar battle: Fortnite-maker Epic sues Apple for payments ‘monopoly’
Aug 13, 2020•6 min•Season 1Ep. 71
Listen to this episode in Metacast mobile app
Don't just listen to podcasts. Learn from them with transcripts, summaries, and chapters for every episode. Skim, search, and bookmark insights. Learn more
Episode description
Epic Games, the maker of the hit multi-platform Fortnite game, has sued Apple for anti-competitive behavior, alleging that Apple monopolizes the App Store payments process and gouges developers for 30% of their revenues.
At stake is billions of dollars in revenue for Apple.
And potentially billions for Google too.
“At a market cap of nearly $2 trillion, Apple’s size and reach far exceeds that of any technology monopolist in history,” the lawsuit says.
For the best experience, listen in Metacast app for iOS or Android