Tag: digital marketplaces
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Valve Faces UK Class Action Over Steam Revenue Shares
UK Class Action Targets Valve Over Steam Revenue Shares A significant legal challenge has landed on Valve, the Seattle-based gaming giant behind Steam, as it faces a proposed UK class action seeking approximately £656 million in damages. The lawsuit alleges that Valve’s revenue-sharing model for Steam is anti-competitive and harms consumers by driving up prices…
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Valve Faces UK Class Action Over Steam Revenue Share
UK Class Action Targets Valve Over Steam Revenue Share Valve Corp., the company behind the Steam game distribution platform, is facing a potential £656 million class-action lawsuit in the United Kingdom. The legal challenge centers on Steam’s revenue-sharing model, with claimants arguing that Valve’s take is unreasonably high and stifles competition, ultimately harming consumers and…
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British Music Stars Urge Starmer to Tackle Pernicious Ticket Touts
Overview: A united call to reform In a rare show of unity, a coalition of British music stars including Radiohead, Dua Lipa, and Coldplay has called on Labour leader Keir Starmer to fulfill his commitment to crack down on ticket tout websites. Fans have long complained about inflated prices and opaque practices, and the artists…
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TikTok Shop Now Rivaling eBay: What This Means for Sellers, Buyers, and the Future of Social Commerce
How TikTok Shop reached eBay-scale momentum The social commerce landscape is shifting as TikTok Shop expands toward eBay-like scale, signaling a major shift in how millions discover, buy, and trust products. Once known primarily for short-form videos and viral trends, TikTok is now a powerful marketplace with logistics, seller tools, and consumer data that rival…