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Valve faces a £656 million lawsuit in the UK for 'overcharging 14 million PC gamers'
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this post was submitted on 13 Jun 2024
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Monopoly, noun: the exclusive possession or control of the supply of or trade in a commodity or service.
Imo this does not apply to Steam. They do not have an exclusive possession or control of the PC gaming market. As is proven in the rest of this thread by just about everyone, there are other online game stores/launchers besides Steam. Literally no one is forcing you to use Steam (because then it would be considered a monopoly), when Epic, GoG, Uplay, Origin, and Rockstar Launchers all exist.
Again, like it was said elsewhere in this thread, they've just crushed the competition so completely that it feels like they have a monopoly.
Sometimes, monopoly implicitly means a business that is so much better than the competition that the competition is pretty much irrelevant.
I think that used to apply to Steam.