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The EULA (that YOU agreed to) states you have a NON-TRANSFERABLE license.
This means no trading or selling.
The Sales would not vanish.....but the Publishers would.
So it would be more a say goodbye to the majority of games.
No, the ones suffering the most would be small indie developers. Who can weather more? A multi-billion dollar heavy publisher or a small developer who depends on EVERY sale?
It'd change just more than sales.
It won't work. It won't happen.
You licence those 3rd party games, you do not own them.
An example of a game from your library.
City Skylines II EULA:
https://store.steampowered.com/eula/949230_eula_1
1. License
The Services are licensed or otherwise made available to you, not sold. Paradox or its licensors own and reserve all rights to the Services, including all rights, title, and interest in the intellectual property rights.
Not happening.
Not just that; publishers would stop using Steam. It would be suicide.
Not the correct analogy. You CAN buy something from a store, and sell it to someone else later.
or publishers can focus on not ripping people off with 90 dollar games lol
You don't have to buy those games on launch day. It's a choice. You can wait for a sale or buy cheaper games.