New updates have been reported about Epic Games (PC:EPCGM)
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Epic Games, led by CEO Tim Sweeney, is intensifying its battle against major tech giants Apple and Google, accusing them of monopolistic practices that hinder Epic’s business operations. Speaking at a Y Combinator event, Sweeney criticized these companies for using ‘gangster-style’ tactics that deter users from installing the Epic Games Store and discourage developers from engaging with Epic’s platform. This ongoing conflict highlights Epic’s significant role in challenging Big Tech’s dominance over app distribution channels.
Epic Games has previously taken legal action against both Apple and Google, achieving a partial victory by compelling Apple to allow developers to link to alternative purchasing options. However, Epic continues to contest Apple’s implementation of this ruling, arguing that the minimal commission reduction offered by Apple is insufficient to incentivize developers. Sweeney emphasized that the warnings displayed by Apple and Google when users attempt to install the Epic Games Store result in a substantial drop-off rate of 50-60%, a tactic he describes as ‘textbook self-preferencing.’ Despite these challenges, Epic plans to expand its store offerings, with hopes of attracting more developers as the platform opens to submissions later this year. This strategic move aims to enhance Epic’s market presence on both Android and iOS, despite the hurdles posed by the tech giants’ current practices.