Steam is pretty much a monopoly because I expect something like 90% of pc game sales go through them. The thing is that being a monopoly is not necessarily bad, or illegal. It is abusing your monopolistic power to exploit consumers that is. Steam doesn’t generally seem to do that
That’s fair. I am probably parroting stuff I hear about the play store or the apple store. Before epic I don’t know many big players steam had to compete with. How much revenue does Gog make compared to valve for instance?
How much revenue does Gog make compared to valve for instance?
I don’t know. That’s not relevant to the definition of a monopoly. To be a monopoly you need to be the only supplier of a product or service. If there’s competition, but you have the majority of market share, then you’re merely dominating the market, which is not illegal (or even necessarily a bad thing, as evidenced by Steam).
Google Play and Apple store are monopolies because they are not competitors to each other, if you own a phone you’re stuck with one or the other with no choices. They also take steps to prevent competition, which is highly illegal.
How is steam a monopoly? The existence of so many competitors would indicate otherwise.
Steam is pretty much a monopoly because I expect something like 90% of pc game sales go through them. The thing is that being a monopoly is not necessarily bad, or illegal. It is abusing your monopolistic power to exploit consumers that is. Steam doesn’t generally seem to do that
See my other comment. You appear to have confused a monopoly with a dominant market position.
That’s fair. I am probably parroting stuff I hear about the play store or the apple store. Before epic I don’t know many big players steam had to compete with. How much revenue does Gog make compared to valve for instance?
I don’t know. That’s not relevant to the definition of a monopoly. To be a monopoly you need to be the only supplier of a product or service. If there’s competition, but you have the majority of market share, then you’re merely dominating the market, which is not illegal (or even necessarily a bad thing, as evidenced by Steam).
Google Play and Apple store are monopolies because they are not competitors to each other, if you own a phone you’re stuck with one or the other with no choices. They also take steps to prevent competition, which is highly illegal.