RicterVT

Family photo with my amazing and wonderful model sister @Moonlittered & @VenaVtuber. They're both great and I wish them the world. Art doneby the amazing @miftasee

@ObieXD lol.

@RevenantRicter I am Uncle Obie to everyone XD I am the OG Unc Status!

Well! I am 35 😂

@ThaBeefDev @Erebus1666 @Pirat_Nation Jokes on you I’m an Austrian and done believe the government should have the power to interfere in the free market. So no I won’t just “come to terms with it” and will continue to fight for people’s rights to freely exchange goods without corrupt bureaucrats interfering.

@RevenantRicter @Erebus1666 @Pirat_Nation None of this matters. A company with ~80% market share enforcing "most favored nation" policies to rig prices violates the Sherman Act prohibition on contracts that restrict trade or commerce. Come to terms with it.

Consumer Competition Claims (CCC), through GameClaim, has launched a new class action against Valve in the Netherlands. The group claims Valve controls around 85% of the PC game market and uses rules that make it harder for developers to sell games cheaper on other stores. It also argues that Steam’s 30% cut on game sales is too high and shows anti-competitive behaviour. According to CCC, Dutch gamers have paid more than they should due to these practices, with total damages estimated at over €220 million since 2013.. The group says it will first try to reach a settlement with Valve. If that fails, the case could go to court and may take several years to resolve.

Guy blocked me because he said I was being toxic and immature because I got mad that he kept ignoring my points

@Wolf_BergEis @Spanky_Senpai @Pirat_Nation You don’t even know what price competition is you dip shit.

@RevenantRicter @Spanky_Senpai @Pirat_Nation Also no one that actually understands economics, that is actually pro consumer and pro competition, would ever believe a monopoly power, under law definitions, using their power to prevent pricing competition is a good thing.

@Wolf_BergEis @Spanky_Senpai @Pirat_Nation Yeah and the law doesn’t understand what a monopoly actually is. And he knows what the laws are he’s arguing the laws are wrong as pointed out by many Austrian economists.

@RevenantRicter @Spanky_Senpai @Pirat_Nation If that video is saying Valve is not a monopoly, then that creator is ignorant about the laws, laws that determine the outcome of these lawsuits , where the law definitions of Monopoly will be used.

@Wolf_BergEis @Spanky_Senpai @Pirat_Nation No I do understand. I understand because I’ve actually read a bit about economics and I know the exact fucking people you’re getting your information from and that multiple people have proven it wrong. Do you even know the difference between the keynesian and Austrian economics

@RevenantRicter @Spanky_Senpai @Pirat_Nation You literally do not understand how such things happen. You are very uneducated about antitrust, how monopolist become monopoly powers and how they are able to abuse such powers.

@Wolf_BergEis @Spanky_Senpai @Pirat_Nation You need to finish watching the video because it explains how everything you just said is wrong and you don’t understand how monopolies work. There is no such thing as a near monopoly.

@RevenantRicter @Spanky_Senpai @Pirat_Nation Doing anti competitive things like that when one had that kind of market power is what literally keeps that power. When one is in a monopoly or near monopoly position it makes it extremely hard for clients and customers to ignore even if they wanted too.

@Wolf_BergEis @Spanky_Senpai @Pirat_Nation I don’t think you actually know what those words mean. You also keep ignoring the fact that if steam is so anti publisher and consumer why does it have the most people using it? Publishers aren’t forced to publish to Steam.

@RevenantRicter @Spanky_Senpai @Pirat_Nation And if you don't think a stores revenue take costs do not affect prices then you know massively less about economics.

@tenshiscutie @ProjectAncap Yeah I like to say Ai isn’t theft but it’s still slop and you should avoid it for any serious projects.

@RevenantRicter @ProjectAncap Based someone is able to show they can hold two truths that both seem complicated but aren't and explain it in a simple way gg

lmao

@Erebus1666 @ThaBeefDev @Pirat_Nation So what you’re saying is that the requirement to upload on Steam are worth the price and it’s actually beneficial for game companies to release there, therefore not making Steam predatory and all of this is a which hunt? Thank for saying the quite part out for me.

@RevenantRicter @ThaBeefDev @Pirat_Nation Yeah, technically they could but they won’t and no publisher does. Any publisher of a game on pc will miss out massively if they don’t upload to steam. They’d probably make more per sale selling it themselves because valve won’t take a cut but overall sales would be lower.

@Wolf_BergEis @Spanky_Senpai @Pirat_Nation No I think you don’t understand how economics work and are misunderstanding how market share actually affects prices.

@RevenantRicter @Spanky_Senpai @Pirat_Nation Or do you think Gabe and his employees are idiots and wouldn't understand that?

@Wolf_BergEis @Spanky_Senpai @Pirat_Nation THAT MEANS THE LOWEST PRICE YOU FUCKING RETARDED FAGGOT

@RevenantRicter @Spanky_Senpai @Pirat_Nation Stopped watching that because he proved he has no idea what he is talking about. VALVES price parity rule had nothing to do with demanding the lowest cost, it demanded that all stores sell at the same price,

@Wolf_BergEis @Spanky_Senpai @Pirat_Nation I’ve heard that but no one’s provided evidence that Valve specifically said “you have to raise your prices or we’ll remove you” I have seen them say “hey you need to make the Steam price the same as the lower price OR raise the price elsewhere” and the company chose to raise.

@RevenantRicter @Spanky_Senpai @Pirat_Nation Court documents show otherwise. Emails from Valve showed Valve did this, and in a deposition a Valve business team employee admitted to it. Valve is arguing what they did is not anti trust. Valve is saying they did do it but isn't not against the law.

@Erebus1666 @ThaBeefDev @Pirat_Nation Ok. Then Ubisoft can not upload to Steam and force people to their sight and charge whatever the hell they want? You keep acting like publishers are absolutely required to upload to Steam.

@RevenantRicter @ThaBeefDev @Pirat_Nation Because they are using their position in the market to prevent Ubisoft from using very normal business strategies to attract customers to their sight. Lowering prices below your competitors is one of the most common things businesses ever do.

@Wolf_BergEis @Spanky_Senpai @Pirat_Nation Ok you need to learn actual economics and not neo-Marxist bs and watch this. youtu.be/ew1yU-6V8jc?is…

@RevenantRicter @Spanky_Senpai @Pirat_Nation Valve having such market power, one that is objectively a near monopoly, it makes it very hard to impossible for most of the industry to ignore Steam.

@Wolf_BergEis @Spanky_Senpai @Pirat_Nation They’re not threatening the publishers to raise prices elsewhere though. Your argument would make sense if they were but their not, there is nothing stopping the publishers from lowering their price on Steam to match the other stores they chose not too.

@RevenantRicter @Spanky_Senpai @Pirat_Nation It is Valves fault because if Valve had not used threats and negative actions to prevent pricing competition then cheaper prices could have been seen on other distribution stores that weren't even selling Steam keys.

@Wolf_BergEis @Spanky_Senpai @Pirat_Nation Again. That’s not Valves fault that’s the game company’s. If Valves practices were as over imposing as these lawsuits claim then there would be no reason to publish on steam. Instead Steam has more traffic than any other store.

@RevenantRicter @Spanky_Senpai @Pirat_Nation Court documents showed that every time Valve used threats or negative actions for the time when developers did offer lower price for customers on other stores it always results in prices being raised on those other stores and never lowered on Steam.

@Wolf_BergEis @Spanky_Senpai @Pirat_Nation Ok but that’s not Valves fault it’s the game publishers. And 30% isn’t an unreasonable amount for the benefits of being on steam. That’s also not just an opinion but an observable reality as people still upload to steam in much higher levels than other platforms.

@RevenantRicter @Spanky_Senpai @Pirat_Nation Except that doesn't happen, it resulted in the prices being higher for everyone. They can't offer the lower price they offer on stores that take lower revenue share because they have to recoup the 30% costs Valve imposes.

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