(Barring other regulatory burdens. I think it's reasonable that you cannot legally sell on prescription drugs, for example.)
The only force is consumer action (in aggregate). And it seems that companies have managed to train consumers not to take any action against the interests of these publishing companies.
It also kills the joy of discovering old games in the attic when you're moving and sitting down and playing a bit, or passing on games to your kids.
You try to log in, but turns out you need biometrics to access the library!
I recently catalogued and valued my physical game collection across multiple consoles. Value is over £10,000 and that value will only go up as time passes.
Spend that $100 bucks on indie games - you'd at least get 5 very good quality ones that aren't anti-consumer.