The point is that you could distribute your software any way you wanted to without permission or license fees paid to the maker of the computer or its operating system.
Epic isn't doing that. Epic wants access to Google's customers, with Google paying all the bills, without paying Google anything. Despite the fact that Android allows them to run their own app store or sideload apps.
A few years later, there were shops that specialized in burned or pressed CDs of Linux/BSD distributions back when dialup was the standard and fetching a few gigs of Debian was out of reach.
If there's a new store on the iPhone, virtually no one will use it.
The default is good enough, it's already installed on ~1Bn devices, and most of those devices use it somewhat regularly already.