December 4, 2022

Arcade News

Free Arcade and Video News from the Best Online Sources

Lawsuit accuses Valve of abusing Steam market power to prevent price competition

A new lawsuit has accused Valve of abusing Steam’s market power to prevent price competition.

The Hollywood Reporter said that five gamers filed an antitrust class action in California that alleges Valve requires developers and publishers enter into a “Most Favoured Nation” clause.

A Most Favoured Nation clause is a retail parity clause in which a supplier agrees to treat a particular customer no worse than all other customers. MFNs are under increased scrutiny from authorities across the world, including the European Commission.

Read more