From GameWatcher: “Ubisoft is not all too keen about Steam anymore, if their recent comments about the company are anything to go by. Chris Early, Ubisoft’s partnerships & revenue vice president described Steam’s game market model as “unrealistic”.
This goes well in-line with Ubisoft’s recent tactic of selling their games on Epic and UPlay only, avoiding Valve’s legendary marketplace altogether. This has resulted in more people adopting UPlay as a permanent gaming platform, which works wonders for Ubisoft for reasons that should be obvious.”
Source: N4G PC Ubisoft rails against Steam's "unrealistic" business model