The conversation is longer then two comments. It’s highly debatable if valve has a monopoly per the FTC definition, not being sued by them isn’t the bar. You don’t need to have 100% market share. You can have legal monopolies, but that wouldn’t make the gross hoarding of wealth (which is the underlining thread) defendable.
There is no doubt in my mind that they have, in common talk, a soft monopoly at minimum and are colluding and keeping the percentage taken high. If they were actually competing, he wouldn’t be able to afford all the boats.
The conversation is longer then two comments. It’s highly debatable if valve has a monopoly per the FTC definition, not being sued by them isn’t the bar. You don’t need to have 100% market share. You can have legal monopolies, but that wouldn’t make the gross hoarding of wealth (which is the underlining thread) defendable.
There is no doubt in my mind that they have, in common talk, a soft monopoly at minimum and are colluding and keeping the percentage taken high. If they were actually competing, he wouldn’t be able to afford all the boats.