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Billion-Dollar battle: Fortnite-maker Epic sues Apple for payments ‘monopoly’
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.
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