Source: Foundation for Economic Education
by Jake Scott
“The average Dutch gamer has lost €130 ($148). At least, that is a claim being made in the Hague by a foundation. On June 11, the Stichting Consumenten Competition Claims (SCCC), acting under the banner GameClaim on behalf of every Dutch personal computer (PC) gamer, filed a €220 million ($250 million) claim against the Valve Corporation, the business that operates the Steam gaming platform. The SCCC claims that roughly 2 million accounts have lost collectively those €220 million on the basis that the Valve Corporation commands some 85% of the market, and defends that position through Most-Favored-Nation clauses—terms that forbid developers from undercutting their Steam price on rival storefronts such as Epic Games Store (EGS).” (07/a09/26)