Story: Microsoft fails to quash second-hand software market

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I have a query on this one.

"... introduce a clause into its software licences to make the re-selling of licences expressly forbidden."

If I buy a product, I own it. If I decide to sell it again, I can. Are we now saying that corporations can change, or overwrite, the whole concept of ownership of a purchased product? Aren't there laws about this?

Are 'Terms and Conditions' now more governing than the law? Or is there something in the law that allows them to be?

And why are we putting up with being given 'Terms' to comply with that stop us re-selling our goods second-hand, and at the same time say that if the product doesn't work or causes damage the company isn't liable?

It seems to me that they're having their cake, eating it, and giving us the washing up.

I use Ubuntu now and wouldn't mind selling my XP licence that I've legitimately paid for and therefore own.

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