Paradox U-Turn on Price Rises

After backlash from fans and a swathe of negative Steam reviews for their titles, Paradox Interactive have decided to reverse their controversial price hikes. The company had increased the price of a number of games earlier this month, with fans upset at the increases and taking to their company's forums, as well as the Steam review section, to vent their frustrations.

Paradox have listened to their fans and decided to retract the price changes, with prices returning to their previous levels after the Steam Sale finishes. There will be refunds or some other kind of reimbursement for the people who have paid more than they ought to have for Paradox titles.

In a statement on the Paradox forums, CEO Fred Wester said "In regards to the price changes you are absolutely right. You deserve more transparency and better communication from Paradox when it comes to changing of our prices and pricing policy. Therefore I have decided to roll back all price changes made; any price changes will have to be for future products well communicated in advance. I just came off the phone with Steam and they say we can't do the roll-back before the Summer Sale is over (otherwise it would mean we have to take all Paradox products off the summer sale) but it will be done right after. For anyone who bought any of the games during this time (including during the summer sale) we will try to refund (if possible in the Steam platform) or reimburse with games of a value exceeding the difference. If none of this is possible (I do not in detail know the limits to the Steam platform) we will internally calculate the difference in revenue before and after the price change, double the value, and donate the money to the UNHCR."