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This will have interesting impacts on all marketplaces.

Ebay, Walmart, NewEgg, all the app stores on every platform - if a game is malware (or trashes your machine with a bug), is that Steam's responsibility? It's delivered from their servers with their packaging.

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Yes, steam is responsible for refunding. In EU there is protections like this so you are allowed 14 days (if I recall correctly) to return an item bought online because you had no way to review it "in person". If you consider this law sans Internet it still makes 100% sense. It applies to phone-ordering from TV shopping channels, or mail-ordering as well. It keeps merchants honest for at least 14 days of products use, forcing them not to (re)sell items that will quickly disappoint. It overall makes it much easier to be a consumer which should be in everyone's interest.

Depends on how much effort is shown to have been made by these app stores to prevent malware. For example, if Steam shows significant cases where malware games have been removed, and can prove they actively work to remove these cases, then it won't be much of a problem for Steam. They are doin their best.

That’s not how strict liability works.

Strict liability means even if they do all of those things they are still liable.

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