CREDIT DECLINED | Mastercard, Steam, and the Importance of What Corporations *Don't* Say (VL)

In this episode, lawyer Richard Hoeg explores the recent rule changes on platforms like Steam and itch.io, driven by the power of payment processors. He discusses the importance of understanding legality versus corporate policies, with a focus on Mastercard's influence and their public statements. Hoeg analyzes the media's misinterpretation of Mastercard's stance, Valve's response, and the legal implications of such policies. Concerns over Mastercard's broad discretion, enforcement, and antitrust laws are addressed, along with the effectiveness of petitions, direct action, and the long-term implications for alternative platforms.