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It seems people have done some pretty deep digging. Various members of the Internet community have discovered a snippet of the Activision – Bungie contract which expressly prohibits Valve, Epic Games, or Gearbox Software from developing Destiny.

[The] Licensor hereby expressly disapproves of Valve, Epic and Gearbox as potential third
party developers for Conversions (unless such third party developer should become an Activision
majority or wholly-owned studio), and Licensor cannot disapprove of the use by Activision of an
Activision majority or wholly-owned studio).

All in good fun right? We’d like to think so, but you never know. Regardless, we got a chuckle out of it.

Source: LMG

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Not sure if true, but pretty funny non-the less. :P