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Steam :: Introducing Steam Families
(steamcommunity.com)
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A company can be considered a monopoly without having 100% of the market. Microsoft is considered a monopoly, so is Google.
As for the rest, I don't know how their competitors being bad changes the fact that you don't really own the games you purchase on Steam.
I'm sorry bud, but Monopoly doesnt mean "Really large company" Steam has competition, it doesnt do anything to hamper competition, and its easy enough for new competition to arise. It is not a monopoly in any sense of the word. It is the top player as a digital videogame marketplace because it is leaps and bounds better than all of its competition. You dont like the risks of digital ownership? Understandable, GoG exists to fill that niche.
If you have the power to sway the market in the direction that you want, you're the only one with that power and you're the default option for your product then yeah, you very much are a monopoly and that's the position Steam has in its market.
It's currently in court for adopting anti competitive policies regarding pricing.
Valve is a multi billion dollars company, it doesn't need you to defend it bud.
It definitely doesnt need me to. I'm just calling bulshit on arguements that are bulshit. And it being in court for that doesnt mean its going to lose, I'd be surprised if someone wasnt attempting to sue them if it meant they could get more money, welcome to capitalism. And Steam has the position it has and is the "default" game store entirely because it is an amazing storefront and its competition sucks. You have to go out of your way to install Steam, the same amount of steps as any other digital storefront. Anyways idealists like you who dont even have a toe in the real world exhaust me, so I'm going to block you now
https://www.ftc.gov/advice-guidance/competition-guidance/guide-antitrust-laws/single-firm-conduct/monopolization-defined
Microsoft was found to have a monopoly over operating systems software for IBM-compatible personal computers.
You: "But other OS exist! So it's not a monopoly! People could just install another browser if they weren't happy!"