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You can even check this by going to your account details. Top right corner of Steam, click on your username and select account details. There you will see licenses and key activations.
Every other platform is like this as well. Whether it is EA, Ubisoft or Epic.
EDIT
Why aren't you using Family Sharing? You can share the entire library but your kids will still not be able to play a game if you are playing it and the entire library is shared not just one or two games. Your kids also have to have their own Steam account.
https://store.steampowered.com/promotion/familysharing
People keep coming here and screaming that Valve is a 'dictatorship' that they intend to oppose with abuse and threats of violence. But that's not revolution, that's just robbery.
2. You won't be buying any games from developers hardly, all keys are Steam or EGS for new game releases.
3. There's no open source launcher for your games. If they are DRM free, don't need a launcher. If they use DRM, you need Steam, EGS etc.
4. It's been this way for games for well over a decade now. Going on two decades actually. From all the way back in Games for Windows Live, to GameSPY etc.
A lot of developers sell their software products through networks like Steam and that's the only places they're available. Stand-alone versions of games and software has become almost completely a thing of the past (20 years ago) other than Console gaming systems where we can buy a CD but even those are migrating to selling only digital copies online.
I don't like the monopoly either. That's not why I'm responding with a comment to this. My concern is all of the things you and anyone else with these thoughts are going to lose if they stop using Steam to run the software and games (etc) they've purchased a license to use.
We would lose a lot of time and money if we would leave Steam and stop using it.
Steam only loses a the few users that decide to leave. Their user base continually grows.
It doesn't hurt them at all, you're only hurting yourself.
Wrong. I want to play 2 different games, not 2 people playing the same game at once. This of course would require a second license. That's would be understandable.
YOu can blame gamers for why this doesn't happen m8. We both know that what'd happen is peopel would turn their libraries into game rental shops. Which would hurt their bottom line anmd the bottom liune of their publishers./buisiness partners.. which is bad business.
It's this attitude that's responsible for the entire world going to ♥♥♥♥. That's why all the monopolies as well as governments etc get away with whatever they want despite everyone complaining about things... lack of action... because the peasants believe they're powerless.
Or maybe because people would abuse it to rent their libraries out. Which would end with publishers pulling their games from family share.
Yes, greed is what it is. I, too, just click on by and get TOS windows out of my way. As far as I'm aware all of the gaming networks like Steam have the same basic TOS; license to use, we don't own.
If there were other options I don't think Steam would be doing it this way. They surely wouldn't be as successful as they are.
If there are other options and we can still get stand-alone pc games links would probably be appreciated for people that want to make that choice. I personally don't. I'm staying here on Steam. I'm not ticked off enough to torture myself with not playing the few games I have and play on here. That handful of games (my situation) are only available on Steam. So the options for me are don't play my favorite video games or deal with whatever Steam does with the client.
Been this way for well over a decade like I said before. You'll not find any other service out there like Steam, others being more restrictive actually.