The podcast discusses the Epic Games vs. Google court case, including motivations behind Epic Games' legal action, implications of Epic's victory over Google, the role of curation in a closed ecosystem, and competition for user attention and app store aggregators.
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Quick takeaways
Epic Games' victory against Google highlights the issue of high commissions charged by app stores and raises the possibility of more alternative app stores in the future.
The Epic vs. Google case reflects public sentiment towards the power of Apple and Google, potentially leading to a more democratized mobile app ecosystem with increased curation and AI-generated applications.
Deep dives
The Epic vs. Google Case: Jury Finds Google Guilty of Anti-Competitive Conduct
In a recent court case, Epic Games emerged victorious against Google, with a nine-person jury ruling that Google engaged in anti-competitive behavior to maintain a monopoly over its Google Play app store. The specific penalties have yet to be determined as both parties have the option to appeal. Epic's main argument was against the high commissions charged by Google and Apple for in-app purchases and subscriptions, which they view as monopolistic and resulting in overpayment by consumers and reduced earnings for developers. Epic seeks to level the playing field in the mobile app ecosystem.
Apple and Google's Defense: Safety and Regulation
Apple and Google defend their 30% commission on digital services by emphasizing the importance of safety and regulation. They argue that allowing third-party app stores could lead to a lack of oversight and potentially unsafe apps. However, opponents point out that successful third-party app stores already exist, such as Epic's game store and Steam. The issue raises questions about curation, as the explosion of content and AI-generated applications will require effective curation in the future.
Implications and Future Trends for App Stores
The Epic vs. Google case reflects public sentiment regarding the power wielded by Apple and Google in the mobile app ecosystem. It may lead to greater acceptance of alternative app stores and the introduction of side-loading, downloading apps outside of the main app store. The case also raises the question of how AI, immersive experiences, and increased curation will shape the future of app stores. There are indications that third-party app stores commanded by platforms like Roblox and Fortnite could become more prevalent, potentially leading to a more democratized mobile ecosystem.
Epic Games won a court case against Google. This week, Autonomous Technology and Robotics Director of Research Sam Korus and Associate Portfolio Manager Nick Grous are joined by Andrew Kim, ARK Analyst. Together they discuss a the Epic Games vs. Google court case.
If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today.
Key Points From This Episode:
Epic Games vs. Google
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