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this post was submitted on 24 Sep 2023
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One can have a monopoly without directly trying for it. Especially when it comes to services with a lot infrastructure involved. Once you make those investments, it's hard for anyone to compete against them.
A monopoly just means you control a significant amount of the market. I think, technically, they would fall under oligopoly. Where a few businesses have control of the market instead of just a single business. But the point is they have a far larger share of the market than most others. This is mostly because they create a product that people want to use, instead of making a service that unfairly captures the market through things like game exclusivity or hostile takeovers.
But when the EU recently announced service gatekeepers, Valve was not among them. Microsoft is.
So Steam does not meet / meat🥩 the financial and monthly user numbers to count as a monopoly? So Steam is not a monopoly then. Great.
Then please provide ANY form of facts-based analysis that Steam is a monopoly and no "Trust me, bro" isn't that.
You continue to deflect that you have no proof that Steam is a monopoly.
The proof, that I already mentioned, is the fact that no antitrust agency anywhere convicted Valve of anything related to monopoly.