wccrawford,

Steam has rules intended to curb this behavior.

partner.steamgames.com/doc/marketing/discounts

Specific Discounting Rules


<span style="color:#323232;">You can run a launch discount, but once your launch discount ends, you cannot run any other discounts for 30 days.
</span><span style="color:#323232;">It is not possible to discount your product for 30 days following a price increase in any currency.
</span><span style="color:#323232;">Discounts cannot be run within 30 days of your prior discount, with the exception of Steam-wide seasonal events.
</span><span style="color:#323232;">Discounts for seasonal sale events cannot be run within 30 days of releasing your title, within 30 days from when your launch discount ends, or within 30 days of a price increase in any currency.
</span><span style="color:#323232;">You may not change your price while a promotion is currently live or scheduled for the future.
</span><span style="color:#323232;">It is not possible to discount a product by more than 90% or less than 10%.
</span><span style="color:#323232;">it is not possible to create new discounts for a product that would result in the price in any currency falling below Steam's minimum possible transaction price. See details.
</span><span style="color:#323232;">Custom discounts cannot last longer than two weeks, or run for shorter than 1 day.
</span>
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