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Azzanation said:

Not sure what the issue is. If developers don't want to put their games on Steam, their are plenty of other alternatives. Sure they lose the giant audience however this isn't a console, PCs are not locked to one gaming app. Valve profit more yes, however developers also sell more on Steam so both parties win.

The issue is that this is a perfect example of abusing monopoly. There are alternatives sure. But why would anyone be willing to try other platforms if they have nothing to offer compared to Steam which is the go to store for PC gaming by default. It would indeed be interesting to see a fair competition where let's say Epic instead of buying exclusives could have offered games for cheaper prices.