I have no idea what to say about this, but VALVe just said that they think their competitors for business are irrelevant.

http://www.neogaf.com/forum/showthread.php?t=1183316

If VALVe ignores it's competition in the digital distribution business it will lose to gog.com and Electronic Arts (EA's) Origin, which is offering better customer support and better consumer rights right now.

What do you think?

All they have to do is release half life 3 and they'll be good

Way to Fox that quote.

The actual quotation, which also is a translation to English from German:

"Chet says Oculus isn't their enemy, but Steam taught them an important lesson: "Competitors are irrelevant for business, it's a very bad idea to base your own decisions and strategies on their actions. Even if they are brilliant people like Palmer Luckey, who I really appreciate.""

What they are saying is they won't let the price points of their competitors dictate their own prices. They aren't going to sell their hardware at a loss.

Yeah I understood that, but if you see on about how they do their customer support you can see they follow slowly to respond to their customer needs when needed or other things VALVe might do with their business.