this post was submitted on 24 Sep 2023
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People saying Steam doesn't have a monopoly because other stores exist, is the same as saying Microsoft doesn't have a monopoly on PC Gaming because Mac and Linux exist. Technically true, but ultimately meaningless because its their market power that determines a monopoly, not whether there are other niche players.
While Valve and Steam have generally been a good player, and currently do offer the best product, they still wield an ungodly amount of influence over the PC gaming market space.
Epic is chasing that because they really want what Valve has, though no doubt they plan to speedrun the enshittification process as soon as they think it safe.
When people say Valve doesn't have a monopoly, they usually mean they don't engage in anti-competitive practices (like making exclusivity a condition for publishing on their store, cough cough).
Actually, Valve's recent moves represent what free market capitalism should be about - when competing stores started to appear, they instead made massive contributions to Linux gaming and appealed to right-to-repair advocates with the Steam Deck. Now both of those demographics are suckling on Gaben's teats, myself included.
I hate DRM but really like Steam, they put in a shit ton of work to achive that! It's certainly a monopoly but I think one of the biggest differences is that it's not a publically tradet company so they don't have to chase that infinite growth many very influencial idiots don't see any issue with and there for aren't willing to destroy everything for short term gains.
Despite not having pressure from shareholders Valve pioneered or at least popularized and normalized many of the worst practices in videogame industry designed to milk players dry: microtransactions, battle passe, loot boxes, real money gambling, you name it, Valve has it
True, their games have quite a few very questionable mechanics!