They don’t have to. You don’t need to abuse your monopoly to be a monopoly (although Valve does in different way). Valve enforces same pricing on all stores a game is available on so EGS can’t compete on price despite having lower cut. In the end customers and developers lose.
There’s also the question of what happens when Gabe dies or retires. Unless he’s a secret communist and has plans in place to make it into an employee coop it’ll be sold by his estate to private equity.
Valve is a private company. Are they going around buying out competition like an end game capitalist?
They are where they are at is because they do what they do well and people have voted with their wallets.
One of the few times capitalism has “worked” and all because it’s not a publicly traded company.
I really wonder where we would be if most big companies were not on the stock market as opposed to being on it.
They don’t have to. You don’t need to abuse your monopoly to be a monopoly (although Valve does in different way). Valve enforces same pricing on all stores a game is available on so EGS can’t compete on price despite having lower cut. In the end customers and developers lose.
There’s also the question of what happens when Gabe dies or retires. Unless he’s a secret communist and has plans in place to make it into an employee coop it’ll be sold by his estate to private equity.
He’s definitely not a communist, but there are other ways to choose a successor for a company.