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I have physical copies of PC games that require a Steam Account.
Which is why you don’t have physical copies of those games - you bought a steam key, exactly like you could have done digitally from humblebundle of greenmangaming or myriad of other stores, this one just had it printed on a piece of paper instead of sending you an email.
A Steam key Valve didn’t get a cut from, btw.
So all those files on the disc I had to install were for something else then?
Helped you (and Valve) to save some bandwidth. But yes. If it requires a Steam account to play, you bought a license allowing you to access a game using Steam, and not an actual game you own.
So it’s anti consumer bullshit.
That is done because of a game publisher, not steam.