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Valve Corp. Must Face £656M Class Action Over Steam Fees

By Joanne Faulkner

The Competition Appeal Tribunal approved Monday a £656 million ($899 million) opt-out collective action accusing Valve Corp., the owner of the world's largest video game distribution platform, of using its market dominance to overcharge people in the U.K.


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Top Stories
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    Britain's highest court will examine on Tuesday the validity of civil penalty notices issued by the Home Office to employers for hiring someone who does not have the right to work in the country, amid a surge in enforcement and rising fines.

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  • HSBC's $14B Hong Kong Bank Buyout Gets Court Approval

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    McLaren Racing won claims against driver Álex Palou totaling approximately $12.4 million on Friday as a London court ruled that he caused the company to lose sponsorships and suffer other losses when he walked away from an F1 deal.

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Expert Analysis

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    The Bank of England’s proposals for a sterling-denominated systemic stablecoin system amount to a substantial new regime, but it has... (read more)
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