Comment on They even do Price Discrimination on video games now
javiwhite@feddit.uk 3 days agoMicrosoft were already the dominant operating system in computing. Now they’re losing market share due to frequent bad decision making.
All they had to do was keep windows ticking over. But instead they looked to milk more revenue from their customer base in the form of advertising and telemetry data. That’s because shareholders demand ever increasing profits. Enshittification is always the result of a company going public… Never a question of if, only when; as soon as the passion has died in ownership (usually due to sale or change of management), the only drive becomes profit; and the user experience is stripped to accommodate. The same will be true one day for steam, unfortunately.
rapchee@lemmy.world 3 days ago
but they have shareholders, that demand, with the backing of the law, that the company produces as much profit as possible, otherwise they can sue them
dual_sport_dork@lemmy.world 3 days ago
I keep seeing this notion that companies “must” maximize profit above all else “by law” repeated over and over again here and in other online spaces, and here’s where I’m finally getting off of my arse to draw the line in the sand.
That’s not actually true.
You can file a derivative suit against a company of which you are shareholder for a multitude of reasons, but just “they didn’t make us enough money” is unlikely to be a successful one.
rapchee@lemmy.world 3 days ago
i don’t remember where i got it from, but what i remembered was that they can be sued if the shareholders feel that they avoid money-making opportunities