Fundamentally you can’t compare a private and public company. Private companies have a legal requirement that drives them towards becoming shitty for the consumer. While a private company isn’t.
Steam is literally a mom and pop shop. A huge one but it is. They have no legal pressure to enshitify they have no legal requirement to put money and share holders before customers cause they have no shareholders.
Public companies do not actually have a legal obligation to maximize shareholder value. That is a myth based on a misreading of the Dodge V Ford decisions. That specific reading of the precedent of that decisions has never actually been used in a court case to charge a CEO.
![Steam competitors be like. [Extended?]](/https://thelemmy.club/pictrs/image/8d2d46eb-234c-41bd-b7c1-fb9c4c9f2508.webp){kind=link}
Fundamentally you can’t compare a private and public company. Private companies have a legal requirement that drives them towards becoming shitty for the consumer. While a private company isn’t.
Steam is literally a mom and pop shop. A huge one but it is. They have no legal pressure to enshitify they have no legal requirement to put money and share holders before customers cause they have no shareholders.
Umm… I think I’m confused now
The first word of that sentence should probably be “public” - then it makes sense.
Public companies do not actually have a legal obligation to maximize shareholder value. That is a myth based on a misreading of the Dodge V Ford decisions. That specific reading of the precedent of that decisions has never actually been used in a court case to charge a CEO.