All the data you need.
EU hits game distributor Valve, five others with 7.8 million euro fine
( go to the article → https://datafloq.com/read/eu-hits-game-distributor-valve-five-others-78-million-euro-fine/11889 )
By Foo Yun Chee BRUSSELS (Reuters) - U.S. distributor Valve Corp, owner of the world's largest video game distribution platform Steam, and 5 video game publishers received a 7.8-million-euro ($9.45 million) EU antitrust fine on Wednesday for blocking cross-border sales in Europe. The penalty followed a four-year investigation, as part of the European Commission's crackdown on cross-border curbs on online trade in the bloc. Valve did not admit wrongdoing and was fined 1.66 million euros. Fines for the five video game publishers - Bandai Namco, Capcom, Focus Home, Koch Media, part of Embracer Group AB, and ZeniMax - were reduced by 10%-15% after they admitted wrongdoing. The Commission, the EU executive, said the companies' practices prevented European consumers from shopping around in a European market worth more than 17 billion ...Read More on Datafloq
Back All Articles
advert template