CEO of Epic Games says App Store is an 'absolute monopoly'

App Store
App Store (Image credit: iMore)

What you need to know

  • The CEO of Epic Games has vocally criticized the App Store.
  • Tim Sweeney says the marketplace is an "absolute monopoly."
  • He says that Apple has "locked down and crippled the ecosystem."

The CEO of Epic Games, Tim Sweeney, has vocally criticized Apple's App Store as an "absolute monopoly" which has crippled the ecosystem.

As a new CNBC report notes:

Epic Games CEO Tim Sweeney said that Apple's App Store is a "absolute monopoly" and Google's control of Android "essentially stifles competing stores" on CNBC's Squawk Alley on Friday, adding his voice to a chorus of detractors ahead of the CEOs testifying in Congress in the coming weeks.

In an interview with CNBC's Julia Boorstin Sweeney said:

"Apple has locked down and crippled the ecosystem by inventing an absolute monopoly on the distribution of software, on the monetization of software"They are preventing an entire category of businesses and applications from being engulfed in their ecosystem by virtue of excluding competitors from each aspect of their business that they're protecting"

Sweeney was also highly critical of Google, who he also says stifles competition stores on its platform.

The report notes that one of Sweeney's biggest complaints is Apple and Google's 30% fee it takes from sales of apps and in-app purchases. Sweeney continued:

"If every developer could accept their own payments and avoid the 30% tax by Apple and Google we could pass the savings along to all our consumers and players would get a better deal on items. And you'd have economic competition"

Earlier this week Apple released a study noting how its own 30% App Store cut was no different to many other online marketplaces. Apple's 30% cut is likely to be a subject of an upcoming antitrust hearing featuring testimony from Tim Cook. That hearing was recently postponed, but an official rescheduled date has not been issued.

Stephen Warwick
News Editor

Stephen Warwick has written about Apple for five years at iMore and previously elsewhere. He covers all of iMore's latest breaking news regarding all of Apple's products and services, both hardware and software. Stephen has interviewed industry experts in a range of fields including finance, litigation, security, and more. He also specializes in curating and reviewing audio hardware and has experience beyond journalism in sound engineering, production, and design.

Before becoming a writer Stephen studied Ancient History at University and also worked at Apple for more than two years. Stephen is also a host on the iMore show, a weekly podcast recorded live that discusses the latest in breaking Apple news, as well as featuring fun trivia about all things Apple. Follow him on Twitter @stephenwarwick9