No, that's not the case and don't even try and sell that. I've played more BattleEye protected games than I care to count and never had the problems I've had with EAC.
You want to snoop on processes that hook into Fortnite... sure, but everything else I do on my PC is none of your god damned business. If I want to cheat in Assassin's Creed, that's my damn business. If I want to mod my Skyrim to BDSM My Lil Pony, that's my damn business. The moment your Anti-cheat starts poking around in my business, I uninstall your game.
EAC will be blocked. If I'm unable to login, your game will be uninstalled from every PC in my house and I will start chargeback proceedings on all my recent purchases from Fortnite.