Stock Market News

Epic Games CEO says his company won in Google Play antitrust case

2023.12.11 20:26

2/2

© Reuters. FILE PHOTO: Fortnite game installing on Android operating system is seen in this illustration taken, May 2, 2021. REUTERS/Dado Ruvic/Illustration/File Photo

2/2

By Mike Scarcella and Greg Bensinger

(Reuters) -“Fortnite” maker Epic Games has prevailed in an antitrust trial over Alphabet (NASDAQ:)’s Google Play app marketplace, Epic Chief Executive Tim Sweeney said late on Monday, hours after the federal jury took up the case.

“Victory over Google! After 4 weeks of detailed court testimony, the California jury found against the Google Play monopoly on all counts. The Court’s work on remedies will start in January,” Sweeney wrote in a post on X, formerly known as Twitter.

Spokespeople for Google and Epic did not immediately respond to requests for comment.

Lawyers for the two companies made their final arguments earlier in the day, after more than a month of trial in Epic’s lawsuit, which accuses Google of unlawfully scheming to make its Play store dominant over rival app stores.

The lawsuit, filed in 2020, also challenges the fee of up to 30% that Google imposes on developers for in-app sales.

“The trial has shone a very bright light on what Google has done to impair the competition,” a lawyer for Epic, Gary Bornstein, told jurors earlier in the day.

Google “systematically blocks” alternative app stores on the company’s Play store, Bornstein said. Cary, North Carolina-based Epic owns the popular Fortnite multiplayer shooter game.

Google has denied wrongdoing, arguing that it competes “intensely on price, quality, and security” against Apple (NASDAQ:)’s App Store.

A lawyer for Google, Jonathan Kravis, told jurors that “Google does not want to lose 60 million Android users to Apple every year.” Google lowered its fee structure to compete with Apple, Kravis said.

“This is not the behavior of a monopolist,” he said.

Google settled related claims from dating app maker Match before the trial started. The tech giant also settled related antitrust claims by U.S. states and consumers under terms that have not been made public.

Epic lodged a similar antitrust case against Apple in 2020, but a U.S. judge largely ruled in favor of Apple in September 2021.

Epic has asked the U.S. Supreme Court to revive key claims in the Apple case, and Apple is fighting part of a ruling for Epic that would require changes to App Store rules.

Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 89,063.86 1.02%
ethereum
Ethereum (ETH) $ 2,488.99 4.09%
tether
Tether (USDT) $ 0.999452 0.04%
xrp
XRP (XRP) $ 2.31 9.35%
bnb
BNB (BNB) $ 626.98 3.31%
solana
Solana (SOL) $ 140.25 2.71%
usd-coin
USDC (USDC) $ 1.00 0.00%
dogecoin
Dogecoin (DOGE) $ 0.212661 5.40%
cardano
Cardano (ADA) $ 0.687414 6.98%
staked-ether
Lido Staked Ether (STETH) $ 2,483.85 4.04%
tron
TRON (TRX) $ 0.230635 0.46%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 88,878.81 0.93%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,970.47 4.25%
chainlink
Chainlink (LINK) $ 15.53 7.07%
litecoin
Litecoin (LTC) $ 126.00 12.85%
sui
Sui (SUI) $ 3.01 11.37%
avalanche-2
Avalanche (AVAX) $ 22.35 6.89%
stellar
Stellar (XLM) $ 0.297967 7.83%
the-open-network
Toncoin (TON) $ 3.58 6.07%
shiba-inu
Shiba Inu (SHIB) $ 0.000014 7.09%
hedera-hashgraph
Hedera (HBAR) $ 0.199644 11.20%
leo-token
LEO Token (LEO) $ 9.00 0.11%
usds
USDS (USDS) $ 1.00 0.02%
mantra-dao
MANTRA (OM) $ 7.61 1.54%
polkadot
Polkadot (DOT) $ 4.85 13.02%
weth
WETH (WETH) $ 2,488.82 4.29%
hyperliquid
Hyperliquid (HYPE) $ 20.44 15.33%
bitcoin-cash
Bitcoin Cash (BCH) $ 296.46 5.68%
ethena-usde
Ethena USDe (USDE) $ 0.999958 0.01%
bitget-token
Bitget Token (BGB) $ 4.30 1.22%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,639.81 4.34%
uniswap
Uniswap (UNI) $ 8.28 7.37%
monero
Monero (XMR) $ 223.36 1.73%
whitebit
WhiteBIT Coin (WBT) $ 26.85 0.81%
near
NEAR Protocol (NEAR) $ 3.08 7.55%
pepe
Pepe (PEPE) $ 0.000008 8.89%
aptos
Aptos (APT) $ 5.72 7.15%
dai
Dai (DAI) $ 0.99978 0.00%
bittensor
Bittensor (TAO) $ 379.87 4.77%
aave
Aave (AAVE) $ 210.08 7.50%
internet-computer
Internet Computer (ICP) $ 6.58 9.67%
ondo-finance
Ondo (ONDO) $ 0.991511 7.24%
susds
sUSDS (SUSDS) $ 1.04 0.01%
ethereum-classic
Ethereum Classic (ETC) $ 18.98 4.81%
okb
OKB (OKB) $ 46.59 3.84%
gatechain-token
Gate (GT) $ 22.15 6.18%
mantle
Mantle (MNT) $ 0.797297 2.49%
official-trump
Official Trump (TRUMP) $ 13.09 2.00%
tokenize-xchange
Tokenize Xchange (TKX) $ 32.30 2.52%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 89,047.86 1.02%