Post #3300136
2026-06-04 17:21 UTC
From the FTC
"Courts look at the firm’s market share, but typically do not find monopoly power if the firm (or a group of firms acting in concert) has less than 50 percent of the sales of a particular product or service within a certain geographic area. Some courts have required much higher percentages. "
Obviously using a dictionary definition isn’t what is used in a legal sense. This is kind of silly to point out honestly.
Not only does Steam have the market share it is also engaging in price fixing to maintain their market share. This is classic monopoly behavior.
At this point it is not even a question if Steam is a monopoly. The question is will a judge or government do something about it.
Replies (1)
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@CileTheSane@lemmy.ca 2026-06-04 21:11
“Courts look at the firm’s market share, but typically do not find monopoly power if the firm (or a group of firms acting in concert) has less than 50 percent of the sales of a particular product or service within a certain geographic area. Some courts have required much higher percentages.” That also doesn’t say anything over 50% is considered a monopoly. It just states it won’t even be considered one if it’s less than 50%.