A “de facto” monopoly (whatever that is) has all the drawbacks of a “real” monopoly (whatever that is): reduced incentive for innovation, possibility for price fixing, means for anticompetitive practices, and so on. The distinction is entirely meaningless when you look at the actual impact an <adjective> monopoly has on society.
Epic, GOG, Fanatical, Itch, Humble all exist and compete with with Steam with varying levels of success. And those are just the ones I can name off the top of my head. Does Gumroad do games?
There is no lack of competition. They are just bad in obvious ways. I’m not saying it’s easy to take on a giant like Steam, but Epic for example is exactly the kind of company and amount of money that could. They didn’t, and it’s not because of the library effect. They simply went with the seemingly easiest way: pissing money on the problem (securing timed exclusives and free games). There is so much they could do to make the client and their service better, but they don’t. So no, it’s not a monopoly.
A “de facto” monopoly (whatever that is) has all the drawbacks of a “real” monopoly (whatever that is): reduced incentive for innovation, possibility for price fixing, means for anticompetitive practices, and so on. The distinction is entirely meaningless when you look at the actual impact an <adjective> monopoly has on society.
Generally it would be true but Valve seems like an exception. Steam is still like 10 years ahead of every other shop front or console.
Epic, GOG, Fanatical, Itch, Humble all exist and compete with with Steam with varying levels of success. And those are just the ones I can name off the top of my head. Does Gumroad do games?
There is no lack of competition. They are just bad in obvious ways. I’m not saying it’s easy to take on a giant like Steam, but Epic for example is exactly the kind of company and amount of money that could. They didn’t, and it’s not because of the library effect. They simply went with the seemingly easiest way: pissing money on the problem (securing timed exclusives and free games). There is so much they could do to make the client and their service better, but they don’t. So no, it’s not a monopoly.