This has been on the net for a while now but due to holiday season I didn’t have much time to post this, anyway Valve lost its legal battle against Australia’s competition watchdog earlier this year. It’s all because of refunds.
An Australian court has ruled that Valve must pay $2.15 million USD fine following the loss of its legal battle against the Australian Competition and Consumer Commission.
The fine is the maximum requested by the regulatory body, and according to the Sydney Morning Herald was imposed because of Valve’s disregard for Australian law when it set up shop in the country.
Valve’s refund policy has changed dramatically since the suit was filed—it now offers refunds on just about everything, “for any reason”—but that apparently didn’t impress the judge on the case.
Valve will be required from now on to post a notice on its Australian website, in size 14 type, informing consumers of their rights.
Source: PC Gamer