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STEAM ANTITRUST ACTION 2023: ARE GAMERS OWED REFUNDS?

Last Updated on October 26, 2023


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AT A GLANCE

This Alert Affects: Anyone who has a Steam account and purchased one or more
games through the Steam Store.
What’s Going On? An ongoing antitrust lawsuit claims anticompetitive rules
imposed by Steam operator Valve Corporation have forced game publishers to pay
an excessive 30% commission to sell their games on the platform – which, in
turn, has allegedly caused consumers to pay inflated prices for PC games.
Attorneys are now gathering consumers to take legal action against Valve and
potentially recover compensation.
What You Can Do If you have a Steam account and bought one or more games from
the Steam Store, join others taking action by filling out the form linked below.
What Am I Signing Up For, Exactly? You’re signing up for what’s known as “mass
arbitration,” which involves hundreds or thousands of consumers bringing
individual arbitration claims against the same company at the same time and over
the same issue. This is different from class action litigation and takes place
outside of court.
Does This Cost Anything? It costs nothing to sign up, and the attorneys will
only get paid if they win your claim.
How Much Could I Get? While there are no guarantees, the attorneys believe
consumers may be able to get a refund of up to 60% of the amount they paid for
games.


DID YOU BUY GAMES ON STEAM?

If so, join others taking action against Valve. It costs nothing to sign up, and
all you need to do is fill out a quick form using the link below.

Sign Up Today



Attorneys working with ClassAction.org are gathering Steam users to take action
against the platform’s operator, Valve Corporation, over alleged violations of
federal antitrust law.

Specifically, a lawsuit filed against Valve in April 2021 alleges that the
company has illegally suppressed competition in the PC game distribution market
and used its “dominance” to force video game publishers to pay an excessive 30%
commission to sell their games through the Steam Store. According to the case,
Valve’s anticompetitive efforts have ultimately resulted in consumers paying
inflated prices for PC games across the market.

If you bought games on Steam, join others taking action against Valve by filling
out this quick, secure form. You may be able to get a refund of up to 60% of the
amount you spent.




STEAM ANTITRUST LAWSUIT CLAIMS VALVE HARMED PUBLISHERS AND CONSUMERS

In April 2021, a video game publisher and two Steam users filed a proposed class
action lawsuit alleging Valve Corporation – which the suit says is “perhaps the
most profitable company in the world” – has used its monopoly power to ensure
that the vast majority of PC games are sold through the Steam Store – and at
“supracompetitive” prices.

Per the lawsuit, Valve’s dominance in the video game distribution market is
fueled by its massively popular Steam gaming platform – “by far” the largest PC
desktop gaming platform in the world. The case relays that many video game
publishers consider it “essential” for their games to be compatible with Steam
in order to succeed as they will otherwise be unable to reach most of their
audience.

However, releasing games on Steam comes at a high price, the suit says, because
Valve requires that publishers agree to sell most of their Steam-compatible
games through the Steam Store and charges an excessive 30% commission on sales.
Further, publishers must agree not to sell their games for cheaper prices
elsewhere, meaning they are essentially forced to raise prices across the market
in order to afford Valve’s expensive commission, the lawsuit argues.

Thus, by tying use of the Steam platform to the Steam Store and banning
publishers from steering customers to competing distributors that charge lower
commissions, Valve ensures that it will be able to take a 30% cut of the
majority of sales in the PC game market, yielding over $6 billion in annual
revenue, the case alleges.

Per the suit, these immense profits come at the expense of publishers, who can’t
afford to invest as much in innovation and development, and consumers, who end
up paying higher retail prices for games.

Attorneys believe consumers who purchased games through the Steam Store may have
paid as much as 60% more than they would have paid absent Valve’s
anticompetitive conduct.




IS THIS LEGIT? AM I SIGNING UP FOR A LAWSUIT?

You are not signing up for a lawsuit, but rather a process known as mass
arbitration. This is a relatively new legal technique that, like a class action
lawsuit, allows a large group of people to take action and seek compensation
from a company over an alleged wrongdoing. Here is a quick explanation of mass
arbitration from our blog:

“[M]ass arbitration occurs when hundreds or thousands of consumers file
individual arbitration claims against the same company over the same issue at
the same time. The aim of a mass arbitration proceeding is to grant relief on a
large scale (similar to a class action lawsuit) for those who sign up.”

In October 2021, the judge overseeing the Steam antitrust lawsuit ruled that
because of an arbitration provision in Steam’s subscriber agreement, consumers
who purchased games must arbitrate their claims against Valve instead of
resolving them through a lawsuit. Arbitration is a form of alternative dispute
resolution that takes place outside of court before a neutral arbitrator rather
than a judge or jury.

In light of this ruling, attorneys working with ClassAction.org have decided to
handle this matter as a mass arbitration.




HOW MUCH DOES THIS COST?

It costs nothing to sign up, and you’ll only need to pay if the attorneys win
money on your behalf. Their payment will come as a percentage of your award.

If they don’t win your claim, you don’t pay.




HOW MUCH MONEY COULD I GET?

There are no guarantees as to how much your payout could be or whether your
claim will be successful. However, attorneys believe consumers who sign up for
the mass arbitration could potentially get a refund of up to 60% of the amount
they spent on games from the Steam Store.




SIGN UP AND TAKE ACTION

Did you buy games from the Steam Store? Join others taking action against Valve
Corporation. Sign up today by filling out this quick, secure form.



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DID YOU BUY GAMES ON STEAM?

If so, join others taking action against Valve. It costs nothing to sign up, and
all you need to do is fill out a quick form using the link below.

Sign Up Today


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