Valve faces £656 million monopoly lawsuit in the UK

, by Quentin

Valve faces £656 million monopoly lawsuit in the UK

Valve is at the heart of a £656 million ($840 million) lawsuit. The American giant has been accused of using Steam to exploit UK gamers and manipulate the market for years by shutting out competition and maintaining a monopoly position in the PC games market.

In a statement, Natasha Pearman, the trial's lead partner, declares the following:

"UK gamers spend billions every year and Valve has a stranglehold on the PC gaming market. Competition law is there to protect consumers and ensure that markets work properly."

Valve has also been accused of charging an excessive commission on games, forcing UK PC gamers to buy their games at much higher prices than on other platforms such as PlayStation or Xbox.

Source: insider-gaming.com