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Settlement amount Valve agrees to pay by end of 2024
5
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Story
Valve Faces £656m Lawsuit in UK for Allegedly Overcharging 14m UK Gamers on Steam
Jun 13, 2024, 12:19 AM
Valve Corporation, the owner of the gaming platform Steam, is facing a lawsuit in the UK for allegedly overcharging 14 million UK gamers. The lawsuit, totaling £656 million (approximately $843 million), accuses Valve of abusing its dominant market position and engaging in market rigging. The legal action claims that Valve has been deliberately shutting out competition, leading to inflated prices for consumers.
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