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It is a shame how uncreative we as a society have becone to deal with monopolies.
Remember when Microsoft almost got divided over bundling a browser with their OS? 'Cause Pepperidge Farm remembers ๐
Uh, Microsoft got in trouble for making their browser an unremovable part of the operating system, and aggressively trying to force you to use it as a browser. Not remotely accurate to say the problem was just including a web browser. And in the end, they got barely any punishment for it.
Erm
They even had the same shit going on some 15 years later in the EU.
I don't care if someone oversimplified it that way in a wikipedia article. That doesn't make it the full story. Notice the modifier "central" in any case.
No, m$ got a fist up their arse for anticompetitive behaviour
What's your point?
Are you saying that Microsoft being split up made no sense? If so, what would you suggest instead?
Or are you saying since they "almost" did it to MS, then they could do it to Steam? If so, where do you make the split that effects any change? You could split Valve the game dev company from the Steam platform, but I don't think that makes Steam any less monolithic in their space - they don't get their market share from the games Valve has made.
You could split Valve Dev from Distribution from Hardware. But that is a shitty split, I'm with you.
You could also just say: you have three years to split distribution into, idk, 4 subsidaries which are then "released" as own companies.
You could split geographically, and down the line those companies might compete with each other.
That's what I mean with creativity. A lot of shit could be possible. But here we are and are told "it makes no sense", "there is no alternative", just crippling our own imagination before even using it ยฏ\_(ใ)_/ยฏ
To better explain the issue, I think, usually monopoly claims come from someone dominating multiple threads or connected elements of an industry. So, they don't just own all the wheat fields; but also some of the best grain transport companies, as well as all the best bakeries - such that anyone offering wheat, transport, or baking, can't compete with their integration.
That's when a company would be divided. But in this case, Valve is just one thing; it's the bakery. They choose to bake with flour and wheat because they've been baking for years. Everyone else is pouring billions into trying various mixtures of sawdust to cut costs, and no one is cutting into that industry as a result. Nothing has prevented them from building their own infrastructure from scratch, except for the fact that it's a long-term investment, and the stock market hates those.
Isn't there a difference between public and private companies?
There might be. But back tn the day we just knew that monopolies are shit for everyone (except the owner). So maybe we should sharpen that tool of law once again. But who am I kidding, not gonna happen.
I mean, it definitely isn't going to happen in the US anytime soon... We haven't had any teeth behind our anti-trust laws in decades. In my lifetime we have basically seen Bell Telephone get rebuilt under AT&T.