You can’t break up steam and improve the market in any particular way. Since they’re not really big on exclusivity agreements, there’s also very little a court order would do to make the market more competitive.
If consumers were more evenly spread around different platforms there would be actual competition to determine prices and margins for the developers. Right now Epic takes a smaller share of the revenues but the price is the same to try and compensate for the smaller number of buyers. With their dominant position it’s pretty much impossible to have someone join the market and truly be competitive against Valve, even if they offered a product with all the same features and more (which would require a ridiculous amount of capital), people have their well established habits and won’t move even if the product they’re using isn’t necessarily the best or they’re spending more than they need to.
it’s pretty much impossible to have someone join the market and truly be competitive against Valve, even if they offered a product with all the same features and more
(1) Many PC gamers simply wait for games to go on sale. Epic buying exclusive agreements isn’t as dominating of a strategy as they think it is; even if it’s expensive.
(2) Steam is the incumbent. You have to be better in order to be worth it to switch. As you mentioned, Epic is lacking in features
(3) Valve has not treated the desktop market the way Apple as treated the app store. Look at how far Epic has taken Apple to court; compared to their biggest rival, Valve
(4) Valve has put in alot of work in other layers; such as making open hardware and contributing to AMD GPU drivers on Linux. They work on the whole platform, even parts they do not directly make money off. This is called investment.
(5) What exactly would you break Steam into being? One app for reviews, another for buying, and another for launching games? Break the development studio into a different company? Even if Epic is throwing around money made from its game engine and games?
That’s the thing though, with their market share an hypothetical competitor could be better and people still wouldn’t switch, Steam is where their games are, it’s where their friends play, building everything from scratch elsewhere wouldn’t be worth the trouble even if the alternative was better.
Store, development, forums, trading platform, launcher, online gaming services, hardware, streaming integrated into the platform, DRM… Valve has their hands all over the place and there’s a single person at the top of that. Wanna wait until they start becoming bad before considering that maybe it’s not a good thing that they have a hold on 70% of the market? Hell, just the fact that Newell could decide that they’re closing their doors tomorrow and no one has access to their games anymore should be fucking worrying to everyone.
That’s not what a monopoly is.
Epic had all the money in the world and tons of time (and users) to create a viable alternative. They didn’t fail because valve squeezed them out, they failed because they refuse to improve their product. In fact, it could be said that Epic wanted to become the monopoly themselves. If they spent half as much effort on their product as they do on lawsuits and exclusivity deals, they would have been a viable competitor. But they didn’t. At the end of the day, it sucks to use. Steam does not.
EGS is perfectly usable and in my opinion is better than Steam in some aspects (way less bloat, open the app and your games are right there to launch even if you’re on the storefront), your saying they refuse to improve their product just shows you’re not using it because it’s way better than it was on release.
And yes, Valve has a monopoly, they control enough of the market that it goes where they decide it’s going and they’re the default solution people turn to when they need the services they offer, they’re also working on increasing their reach with streaming on the platform, forums, reviews and so on. If all you need is found on a single platform and it’s the platform that a vast majority is using then what do we call that? That’s right, a monopoly.
Want a similar example? Microsoft is considered to be in a monopolistic position with Windows, yet they have competitors, same with Office, same with Explorer back in the day. Google is a monopoly even though competitors exist.