There comes a point in most experienced Steam shoppers' lives where they wonder what would happen if their account was canceled or stolen, or perhaps they just stopped breathing. It's scary to think about how many games in your backlog will never get played;

Valve is now explicitly disclosing that you don’t own the games you buy from its Steam online store. The company has added a note on the payment checkout screen stating that “a purchase of a digital product grants a license for the product on Steam,” as reported earlier by Engadget.

Steam has begun making clear that you're buying a license to play a game, as opposed to actually owning the game.

You don't own any of those games. Valve's PC gaming digital marketplace has started including a notice on the shopping cart screen letting users know that purchasing a game on Steam grants them a license for it,

You don't own the games in your Steam library. Going forward, you'll be reminded of this fact every time you buy a game from the Steam digital storefront. The Steam checkout page now features the following notice: "a purchase of a digital product grants a license for the product on Steam.

Have you ever bought an app or game from a digital storefront, only for it to suddenly disappear and become inaccessible without warning? It’s both confusing and frustrating, which is why some governments are stepping in and hoping to make things clearer for consumers.