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"

themachinestops@lemmy.dbzer0.com · 2 days ago

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"

imetators@lemmy.dbzer0.com · 3 hours ago

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.