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The Daily Verified Briefing

Markets

Valve's Newell denies monopoly and price‑parity claims

Published 2 June 2026

Valve Corporation co-founder and president Gabe Newell has testified that the Steam digital storefront does not hold a monopoly over PC gaming, forcefully denying allegations that the company punishes developers for offering lower prices on competing platforms. The testimony, given in 2023 as part of an ongoing U.S.

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