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Valve faces a £656 million lawsuit in the UK for 'overcharging 14 million PC gamers'
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Nothing has stopped competition from making their own platforms; god knows every god damn company out there has tried (Origin, Uplay, etc.) and failed to delivery a basic and functional option!
The reason Steam is (and will continue to be )successful is because they developed and listened to their user base without being greedy scumbags!
I think this is the key claim:
I had heard about it in the past and if true, I feel that is quite an uncompetitive practice, probably made possible by the dominant position Valve has.
Given that steam let's you sell keys on other platforms (like gog, gmg, etc) and activate them on steam, and have steam handle all the heavy work of file distribution and stuff, it makes sense that steam wouldn't want you to sell steam keys cheaper on other platforms and make them wear all the cost of distribution... Otherwise they'd get no sales and end up with all the expense
The only other choice would be to no longer allow you to get steam keys to sell on other platforms or even to give away for review purposes or things like that.