this post was submitted on 26 Sep 2024
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It kind of does.
You get user lock-in as users buy more games, making it so Steam is always a store to buy from. You can't deplatform from Steam. At that point, you can't replace Steam with another DRM platform to pay existing games. That creates a large customer base which becomes a must add for vending new games.
It isn't a hard monopoly, but it helps create a soft monopoly.