In late March, Epic Games filed a complaint against Apple through a British regulator. The company reportedly filed a complaint with Britain’s competition regulator demanding an investigation into Apple’s “anti-competitive behavior.”
The United Kingdom Competition and Markets Authority released a statement saying it had opened an investigation into Apple early last month. The investigation hopes to determine if Apple’s terms and conditions for app developers were unfair.
“It is not surprising that Epic is pushing their agenda before the UK Competition and Markets Authority, as we have seen them use the same playbook around the world,” said an Apple spokesman.
Epic Games currently has ongoing lawsuits against Apple in both the United States. The gaming company has filed an anti-trust complaint against the tech-giant in the European Union as well.
The Profit‘s Take:
It’s hard to understand why Epic continues to push this fight with Apple. They have lost – repeatedly. It’s time for Epic to show some maturity (they are a $28B company now), and move on. If I was an investor in their latest round, I would not be happy with this distraction and I would see the ongoing fight with Apple as a serious hurdle to any IPO ambitions.
(All information was provided by Yahoo! Finance)
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