Ah OK, so the classic monopolies in American History (Standard Oil - controlled 90% of its market; American Tobacco - controlled 80% of its market) were not monopolies.
steam has a 75% marketshare of PC games distribution in the US. the 2nd biggest player, epic games, has a market share estimated from 3% to 7,5%. i can’t find data for steam’s market share outside the US, but i’d expect it to be even higher.
if google can be considered to have a monopoly on web browsers with 73% of the marketshare, even as alternatives (like safari, 13%) exist, i don’t see why steam wouldn’t count as well.
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Ah OK, so the classic monopolies in American History (Standard Oil - controlled 90% of its market; American Tobacco - controlled 80% of its market) were not monopolies.
And Steam controls 80%-90% of the video game market?
of the PC video game market, yes.
steam has a 75% marketshare of PC games distribution in the US. the 2nd biggest player, epic games, has a market share estimated from 3% to 7,5%. i can’t find data for steam’s market share outside the US, but i’d expect it to be even higher.
if google can be considered to have a monopoly on web browsers with 73% of the marketshare, even as alternatives (like safari, 13%) exist, i don’t see why steam wouldn’t count as well.
Now include consoles and phones.
You can analyse markets at different levels.