4.9 • 9 Ratings
🗓️ 9 October 2020
⏱️ 23 minutes
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0:00.0 | We're back. This is Mlex's weekly podcast on regulatory affairs. My name is James Panicki. I'm from |
0:16.8 | Emlex's Asia Pacific team. Thank you for joining us today. Now, even if you're not a gamer, |
0:22.9 | you'd be familiar with the online sensation Fortnite. You may also be aware that the company |
0:28.5 | behind Fortnite, Epic Games, has picked a fight with two significant Silicon Valley players, Apple |
0:34.8 | and Google. Epic's lawsuit against Apple centers on the tech |
0:39.0 | giant's app store. It suggests that technical and contractual restrictions that prevent |
0:44.5 | other forms of app distribution from being available to users with an Apple device amount to the |
0:50.7 | company exercising and abusing its monopoly power. In fact, Epic argues that Apple |
0:56.5 | has built a monopoly in one market and used it to enforce a monopoly in a second one. It's |
1:02.5 | dramatic stuff and of course it ticks all of Emlex's editorial boxes. The lawsuits also align |
1:09.3 | with complaints made to the European Commission by audio streaming |
1:12.5 | company Spotify. In just a few minutes, we'll look at how this issue is reverberating in Asia. |
1:18.9 | We'll take a look at recent developments in South Korea. First, though, we're joined by Mike |
1:24.1 | Acton, a senior correspondent who covers tech issues for Emlex, and he joins me now. |
1:30.0 | Okay, so Mike, walk me through this idea firstly. A monopoly within a monopoly, what is the argument |
1:36.9 | there? If we take a sort of broader sort of look at what Apple is, it's the first publicly traded |
1:42.8 | US firms to be valued at $2 trillion. |
1:46.1 | And in terms of the smartphone market, Apple hovers around a sort of 45% share in the U.S. |
1:53.0 | That's around 100 million users. So in essence, the core monopoly, the initial monopoly here |
1:59.5 | that's alleged is, but it seems fairly self-evident, |
2:03.5 | is the huge number of users that are locked into Apple's devices that run on the iOS operating system. |
2:14.1 | So if you're an app developer and you want to reach those 100 million users, you need to go |
... |
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