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Antabus said:
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No, you don't buy them.

If you buy something, you own it. Not just the rights to use the thing you bought. Like, you could sell the product you have bought. People's stupidity does not make rental a sold game.

I actually mailed Valve and they said that I can't sell the games. Heck, they told me that I can't even sell my account. How is that owning something when in actuality all you have is the right to use the product? Tell me, please?

Hasn't been tested in court. Now I will move purely to conjecture rather than what I feel is 100%, but I think it would be ruled that you do own a copy of the game and you are allowed to sell it the same as a physical object.

But that is NOT rental. If Valve withdrew access to their games to a group of people they don't like, that would not be within their rights even if the TOS said so. To use an extreme example, imagine they did that to black people and put that in the TOS. Would it be within their rights to do that?

Now on the topic of what SHOULD happen, rather than what does: I believe all digital distribution games should carry the same rights as a physical copy to unlimited format transfer for personal use and the right to sell on.