Skip to content
Subscriber Only

Fortnite’s Tim Sweeney Comes Out Swinging at Apple, Google

  • Epic Games CEO says tech giants’ app-store fees are too high
  • Sweeney speaks in an interview with Bloomberg TV’s Emily Chang
Video player cover image
Watch: Tim Sweeney, chief executive officer of Epic Games, which makes the popular Fortnite game, says Apple and Google act like a “duopoly.” (Source: Bloomberg)

With Apple Inc. and Google set to face an antitrust hearing on Capitol Hill Wednesday, Tim Sweeney, chief executive officer of Epic Games, is accusing them of being a “duopoly.”

Epic, which makes the popular Fortnite game, says the two companies’ dominant app stores charge excessively high fees to list games. Apple and Google take 30% of revenue from paid apps that use their stores. But the costs of operating an app store amount to just a small fraction of that amount, Sweeney said in an interview with Emily Chang on Bloomberg Television. Epic’s own store charges a 12% fee and generates a 5% to 7% profit margin, he said.