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You literally do not own anything on Steam. No games, no movies, no trading cards nothing. And when you dont own something, you have no rights to it.
EDIT course that prevents you from ever doing EAccess, but scams like KSP2 make that a benefit not a negative.
Can you find the section that states these things? It's too long of a TOS to just quickly skim through, so maybe you could point me to the right section of the TOS so I can look this up.
Each section should have a very distinct naming, if you can quote the naming of the section it would be easier to search and validate or disprove the information you're giving out.
Emphasis added.
AFAIK, Steam has only ever removed a handful of games from people's libraries, and those because the publisher never had the legal rights to distribute the game. Very rare, but it has happened.
Any type of Live service game, like at all goes bye bye, any that req online connection,or one that had any "official"server connection (PSN,bliznet, etcetera) even if it's not multiplayer or one that is "always online" goes poof(unless the company specifically removes that req(which they rarely do) And obviously any true mmo won't work without servers(so it's probably good they never got that MP thing worken)
In any event if Steam were to close tomorrow and not have provisions in place to allow renters of the games to play, we'd lose access to all our games. Direct2Drive went belly up once and I lost access to some of my games that I bought on their platform.
Anyway, if the delist it, like others have said current purchasers still have access to uninstall, reinstall etc.