How Did Epic Games' Showdown With Google Differ From Apple? CEO Tim Sweeney Says It Was Like Ice And Fire
Portfolio Pulse from Ananya Gairola
Epic Games CEO Tim Sweeney compared the company's antitrust battles with Apple and Google, likening Apple to 'ice' for its internal containment of 'antitrust trickery' and Google to 'fire' for putting anti-competitive deals in writing. The difference highlighted was Apple's vertical monopoly and technical blocking versus Google's written agreements with developers and carriers to stifle competition. Epic Games' lawsuit against Google, which led to a favorable ruling for Epic, was based on allegations of Google's market dominance to enforce fees and anti-competitive practices.
December 13, 2023 | 6:54 am
News sentiment analysis
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NEGATIVE IMPACT
Epic Games' CEO comments on the antitrust ruling against Google may lead to increased scrutiny and potential changes in Google's Play Store policies, which could impact revenue from app fees.
The antitrust ruling against Google suggests possible future regulatory actions or changes in the Play Store's fee structure, which could negatively impact Google's revenue from digital purchases.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 80
NEGATIVE IMPACT
Epic Games' CEO comments on the antitrust ruling against Google may lead to increased scrutiny and potential changes in Google's Play Store policies, which could impact revenue from app fees.
The antitrust ruling against Google suggests possible future regulatory actions or changes in the Play Store's fee structure, which could negatively impact Google's revenue from digital purchases.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 80
NEUTRAL IMPACT
While not directly affected by the recent ruling, Apple's previous victory over Epic Games may come under renewed discussion, potentially affecting investor sentiment.
Apple's mention in the context of Epic Games' CEO's comments may not have a direct short-term impact but could influence investor sentiment as market participants reflect on the differences in antitrust approaches between Apple and Google.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50