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Do a dispute needs to be the last resort, so yes, they will compline abut it
I can understand the frustration of being charged an amount you were not expecting, but you should have waited for Steam Support to respond before escalating it to this point.
The dispute system is there in case you did not get any goods, which is not the case.
You got the goods and now charged back the money, which equals fraud.
Why didn't you keep talking to Valve? The first instantaneous reply is always automated, i guess you didn't wait for a real one before you did something very foolish.
https://en.wikipedia.org/wiki/Chargeback
It is not a small thing. You just forced Valve to potentially pay much more than whatever charge you're disputing.
And yes its a mess it takes a long time to get a reply, but there working on it, so hopefully that will speed up soon
You send in a ticket to Steam Support, you wait for a response. There's no way to jump the queue, no way to get a response faster, issuing the chargeback just made your problem worse.
"I held a gun to the hostage's head and expected the bank manager to contact me. Instead, I was sent threats by the police!"
You send in a ticket to Steam Support, you wait. You do not go to the issuing bank (in this case PayPal) and tell them that the business you're dealing with just committed fraud before waiting an appropriate amount of time for a response. Three days (or less, considering that Saturday and Sunday are not business days) is not an appropriate amount of time waiting for a response.