Steam is facing a £656 million collective action claim, brought forward by a digital rights campaigner who has accused Valve of using market dominance to overcharge 14 million UK consumers https://t.co/9PV0GycQZL
A lawsuit in the UK is demanding Valve pay $837 million for abusing Steam’s market dominance to overcharge for PC games. https://t.co/8MSymYM6ms https://t.co/dR9tO3eUFu
$837 Million Lawsuit Accuses Valve's Steam of Overcharging PC Gamers https://t.co/T3mbRhaYAo
Valve Corporation, the owner of the video game distribution platform Steam, is facing a class-action lawsuit in the UK. The lawsuit, totaling £656 million (approximately $843 million), accuses Valve of overcharging 14 million UK gamers and abusing its dominant market position. The Competition Appeal Tribunal claims that Valve's 30 percent revenue cut from game purchases allows it to hold a monopoly and breach the UK's competition law. The allegations include market rigging, anti-competitive behaviour, and deliberately shutting out competition.