Steam Says You Don't Own Your Games, So What Does That Mean?

What does "owning" a game mean anyway?

Steam Says You Don't Own Your Games, So What Does That Mean?

You may have noticed or read that Steam now shows a small disclaimer when you buy a game that you don't actually own the games you "buy" from them. While this might have taken some people by surprise, this isn't some sort of change, it's just better transparency.