this post was submitted on 14 Mar 2024
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The 12% cut is there to attract developers to their platform. They know they're not going to sell nearly as many copies as Steam, so they need some reason for developers to list their games on EGS. If EGS caught up with Steam, I'm guessing that number would also go up, or they'd add on other nonsense fees to increase profit.
And yeah, a lower cut would be good for devs, but it might not be good for PC gaming (i.e. less investment into stuff like Steam Link). But I agree, I don't have the numbers, so I don't know how much of that cut is profit vs reinvested.