By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Viral Trending contentViral Trending content
  • Home
  • World News
  • Politics
  • Sports
  • Celebrity
  • Business
  • Crypto
  • Gaming News
  • Tech News
  • Travel
Reading: Valve Is Being Sued For $838 Million Over Alleged Pricing Restrictions
Notification Show More
Viral Trending contentViral Trending content
  • Home
  • Categories
    • World News
    • Politics
    • Sports
    • Celebrity
    • Business
    • Crypto
    • Tech News
    • Gaming News
    • Travel
  • Bookmarks
© 2024 All Rights reserved | Powered by Viraltrendingcontent
Viral Trending content > Blog > Gaming News > Valve Is Being Sued For $838 Million Over Alleged Pricing Restrictions
Gaming News

Valve Is Being Sued For $838 Million Over Alleged Pricing Restrictions

By Viral Trending Content 4 Min Read
Share
SHARE

People do like to try to sue Valve, most often alleging that Steam has some sort of monopoly over the PC games market. This is likely because Steam just might have some sort of monopoly over the PC games market. The latest attempt to break the Washington-based developer’s stranglehold comes from the little island that rarely can, the UK, where a suit claims the company has overcharged 14 million British customers.

The Top Ten Most Played Games On Steam Deck: March 2023 Edition

The route to this claimed overcharging is somewhat convoluted. The claim, suing Valve for 656 million of His Majesty’s pounds ($838 million), filed to the Competition Appeal Tribunal in London, is based around an accusation that Steam requires publishers to agree to “price parity obligations.” Which is to say, they apparently cannot offer the same games on another store for a lower price.

“Companies who hold a dominant position in a market are not allowed to charge excessive or anti-competitive prices,” say the claimants. “They also cannot impose other unfair trading conditions that prevent or hinder others from competing with them.” The specific accusation reads,

Valve Corporation [is accused] of shutting out competition in the PC gaming market by forcing game publishers to sign up to pricing restrictions that dictate the lowest price games can be sold for on rival platforms.

This is being orchestrated by one Vicki Shotbolt, via the British equivalent to a class-action lawsuit which is called an “opt-out collective action claim.” Shotbolt, a campaigner for children’s digital rights, is bringing the claim via law firm Milberg London, whose lawyer Natasha Pearman explains, “We believe that Valve has used its market power in a way which is detrimental to consumers and has led to them being overcharged for games and in-game content on the Steam platform.” (We’ve reached out to Valve for comment.)

The case has a swishy website where Brits can sign up for more information. However, bizarrely, since this is an “opt-out” claim, if you’re in the UK and have bought anything on Steam since June 2018 and don’t want to be part of the case, should it get certified, you will need to visit the site to opt out! Law is weird.

The site goes on to suggest that Valve’s market dominance and “pricing restrictions” also allow it to “continue charging an excessive commission” to sell games on Steam. It’s generally a colossal 30 percent, although for some godforsaken reason the company lowers this figure for only the largest publishers.

Such claims really do seem to just bounce off Valve, courts dismissing suggestions that the only realistic store option for releasing PC games to a large audience somehow doesn’t have unfair advantages. We’ll keep an eye on this one.

.

You Might Also Like

Zoopunk is a New Action Game by the Studio Behind F.I.S.T.: Forged in Shadow Torch

Golden Joystick Awards 2025 winners announced, with Clair Obscur getting GOTY

Kirby Air Riders Just Dropped, And It Might Be 2025’s Sleeper Giant

Amazon Clears Out eero 7 WiFi 7 Router (3-Pack) at an Almost Free Per Unit Price in a Bold Black Friday Move

Half-Life 3 Announcement – Is the Wait Finally Ending?

TAGGED: Game Latest, Game With PC, PC Online
Share This Article
Facebook Twitter Copy Link
Previous Article IAC Inc. announces senior finance officer's departure
Next Article Who are the potential EURO 24 dark horses that could spring a famous upset this summer?
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

- Advertisement -
Ad image

Latest News

Zoopunk is a New Action Game by the Studio Behind F.I.S.T.: Forged in Shadow Torch
Gaming News
Golden Joystick Awards 2025 winners announced, with Clair Obscur getting GOTY
Gaming News
Intrinsic, an Alphabet company, and Nvidia supplier Foxconn will join forces to deploy AI robots in the latter’s U.S. factories
Business
Mamdani Says He Will Work With Anyone to Benefit New Yorkers Ahead of Meeting With Trump
Politics
Gemini 3 Pro Review, 7 Real-World AI Use Cases Tested to Push Its Limits
Tech News
D-Link warns of new RCE flaws in end-of-life DIR-878 routers
Tech News
Zelensky to speak to Trump after US proposes Russia-Ukraine peace plan
World News

About Us

Welcome to Viraltrendingcontent, your go-to source for the latest updates on world news, politics, sports, celebrity, tech, travel, gaming, crypto news, and business news. We are dedicated to providing you with accurate, timely, and engaging content from around the globe.

Quick Links

  • Home
  • World News
  • Politics
  • Celebrity
  • Business
  • Home
  • World News
  • Politics
  • Sports
  • Celebrity
  • Business
  • Crypto
  • Gaming News
  • Tech News
  • Travel
  • Sports
  • Crypto
  • Tech News
  • Gaming News
  • Travel

Trending News

cageside seats

Unlocking the Ultimate WWE Experience: Cageside Seats News 2024

Zoopunk is a New Action Game by the Studio Behind F.I.S.T.: Forged in Shadow Torch

Investing £5 a day could help me build a second income of £329 a month!

cageside seats
Unlocking the Ultimate WWE Experience: Cageside Seats News 2024
May 22, 2024
Zoopunk is a New Action Game by the Studio Behind F.I.S.T.: Forged in Shadow Torch
November 20, 2025
Investing £5 a day could help me build a second income of £329 a month!
March 27, 2024
Brussels unveils plans for a European Degree but struggles to explain why
March 27, 2024
© 2024 All Rights reserved | Powered by Vraltrendingcontent
  • About Us
  • Contact US
  • Disclaimer
  • Privacy Policy
  • Terms of Service
Welcome Back!

Sign in to your account

Lost your password?