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Valve

Company

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Valve Corporation
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Valve Corporation is an American computer game company. It was founded in 1996.

Headquarters in Bellevue, Washington, USA.

The company has created a series of computer games:

  • Half-Life,
  • Portal,
  • Counter-Strike,
  • Team Fortress,
  • Day of Defeat,
  • Left 4 Dead,
  • Ricochet,
  • Alien Swarm
  • Dota 2.

History

2023: €1.6m fine for restricting access to games in some EU countries

Valve Corp. in September 2023 lost the fight in the EU for a fine of 1.6 million euros. The European Commission has fined Valve and five publishers for contractually obstructing the cross-border sale of PC video games based on the geographic location of users, called geolocking.

Regulators said the restrictions were an illegal barrier to trade. As part of the contested agreement with Valve, users could not access some games that were available in other EU countries.