this post was submitted on 24 Sep 2023
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Dusk: Unpopular opinion: I'd rather pay Valve 30% and put up with their de facto monopoly than help Epic work towards their own (very obviously desired) monopoly (twitter.com)
submitted 1 year ago by nanoUFO@sh.itjust.works to c/games@sh.itjust.works
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[–] merc@sh.itjust.works 1 points 1 year ago (2 children)

Courts do not require a literal monopoly before applying rules for single firm conduct; that term is used as shorthand for a firm with significant and durable market power — that is, the long term ability to raise price or exclude competitors. That is how that term is used here: a "monopolist" is a firm with significant and durable market power.

https://www.ftc.gov/advice-guidance/competition-guidance/guide-antitrust-laws/single-firm-conduct/monopolization-defined

[–] Rolder@reddthat.com 1 points 1 year ago (1 children)

I don’t think Steam qualifies still. There are still plenty of competitors such as GOG, Green Man Gaming, itch.io, Epic, Humble Store, Microsoft Store, and so on.

[–] merc@sh.itjust.works 0 points 1 year ago (1 children)

Steam accounts for 50% to 70% of all PC game downloads around the world.

https://www.enterpriseappstoday.com/stats/steam-statistics.html

[–] Rolder@reddthat.com 2 points 1 year ago

It being popular doesn’t mean it’s a monopoly…

[–] GodofGrunts@lemmy.world 1 points 1 year ago

The "significant durable market power" part is why I went on to explain how they don't lock you into their ecosystem. How can Valve raise prices or exclude their competitors when they literally do not have any mechanisms in place to do any of those things?