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Epic Games CEO Tim Sweeney supports the $900 million lawsuit against Valve, arguing Steam is "the only major store still holding onto payment ties and 30% junk fee" (finance.yahoo.com)
submitted 7 months ago by to c/technology@lemmy.world
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[–] -2 points 7 months ago (4 children)

PlayStation and Xbox subsidize the cost of the console.

Apple and Google have been having their 30% fees (and the monopolies that allow them) struck down by courts and competition regulators around the world.

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  • [–] 2 points 7 months ago (3 children)

    PlayStation and Xbox subsidize the cost of the console.

    Valve is subsidizing their services that they provide to gamers.

    Apple and Google have been having their 30% fees (and the monopolies that allow them) struck down by courts and competition regulators around the world.

    They have 15% since 2020 or so. As far as I understood, Apple got sued, then changed the cut% and Google followed shortly after to avoid getting sued. Once app earns more than $1 million, it gets 30% cut again.

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  • [–] -2 points 7 months ago (2 children)

    Valve is subsidizing their services that they provide to gamers.

    Lmfao. No they are not.

    They are the most profitable company tech company per employee, of any tech company. That's profit, as in revenue - expenses.

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  • [–] 2 points 7 months ago* (1 child)

    They are the most profitable company tech company per employee, of any tech company.

    They are also known for not hiring in excess, which leads to company bloat and massive layoffs years down the road?

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