Valve Hit With Antitrust Lawsuit

Valve is facing another antitrust case, as a class action lawsuit filed in Washington this week accuses it of suppressing competition to its Steam platform. According to Top Class Actions, this is being brought about by lead Plaintiffs Wolfire Games, William Herbert, and Daniel Escobar. Wolfire claims paying "supracompetitive commissions" to Valve, while Herbert and Escobar are PC gamers who say they have also paid "supracompetitive prices for PC Desktop Games" bought on Steam. Word is: "The group alleges that Valve violates federal and state antitrust and unfair competition laws in its domination of the PC gaming market, and is seeking public injunctive relief and damages." Here's more:
According to the claim, Valve, which was founded in 1996 by former Microsoft employees as a video game development company, has illegally monopolized the market and distorted and restrained competition through its Steam Store and Steam Gaming Platform.

“Game publishers are forced to use the Steam Store and give Valve 30% of nearly every sale if they want to gain access to the Steam Gaming Platform—access they need in order to sell,” the claim states, adding that the Steam Gaming Platform is the most popular platform on the market with the most users.

In order to afford Valve’s 30 percent commission, game publishers have to raise prices and can no longer afford to invest in innovation and creation, according to the class action lawsuit.

“Gamers are injured by paying higher retail prices caused by Valve’s high commissions. Competition, output, and innovation are suppressed, in ways that can never be fully redressed by damages alone.”