CD Projekt has been removed from Steam anti-trust lawsuit allegations

CD Projekt is no longer being lumped into the anti-competition lawsuits against Valve, and has been removed from the allegations.

@DeekeTweak
Published Sun, Apr 11 2021 11:40 AM CDT   |   Updated Thu, May 6 2021 7:05 PM CDT

CD Projekt RED is no longer being accused as part of the anti-trust lawsuit against Valve, the company today announced.

CD Projekt has been removed from Steam anti-trust lawsuit allegations 23 | TweakTown.com

In January, five gamers banded together and sued Valve for allegedly creating an environment that suppresses competition. The allegations surround a specific clause in the contracts that developers sign to put their games on Steam--the Most Favored Nations clause, which essentially requires devs to sell their games for the same price as they do on Steam. If a game is $19.99 on Steam, it needs to be $19.99 on PS4 and Xbox One. The suit alleges that the MFN clause restricts other storefronts and inhibits competition:

"If this market functioned properly-that is, if the Steam MFN did not exist and platforms were able to compete on price-platforms competing with Steam would be able to provide the same (or higher) margins to game developers while simultaneously providing lower prices to consumers," the lawsuit says.

A number of developers and publishers were lumped into the suit, including CD Projekt RED. Now the beleaguered Cyberpunk 2077 developer confirms they've been removed from the suit entirely.

There's no updates on the substantial class action securities fraud lawsuits that CD Projekt faces for Cyberpunk 2077, however.

In relation to Current Report no. 8/2021 of 29 January 2021, as an update to information concerning the filing of a class action lawsuit in the USA concerning potential infringement of US antitrust regulations by allegedly acceding to a "Most Favored Nations" clause in distribution agreements concluded with Valve Corporation, the Management Board of CD PROJEKT S.A. hereby announces that according to the plaintiffs' filing on 8 April 2021, the claims directed against CD PROJEKT S.A. and CD PROJEKT Inc. have been withdrawn, and, consequently, these entities have been excluded from the ongoing lawsuit.

Buy at Amazon

Cyberpunk 2077 - PlayStation 4

TodayYesterday7 days ago30 days ago
$20.67$20.67$42.95
* Prices last scanned on 5/14/2021 at 1:42 pm CDT - prices may not be accurate, click links above for the latest price. We may earn an affiliate commission.
NEWS SOURCE:cdprojekt.com

Derek joined the TweakTown team in 2015 and has since reviewed and played 1000s of hours of new games. Derek is absorbed with the intersection of technology and gaming, and is always looking forward to new advancements. With over six years in games journalism under his belt, Derek aims to further engage the gaming sector while taking a peek under the tech that powers it. He hopes to one day explore the stars in No Man's Sky with the magic of VR.

Newsletter Subscription

Related Tags

Newsletter Subscription
Latest News
View More News
Latest Reviews
View More Reviews
Latest Articles
View More Articles