Valve has updated the Steam Subscriber Agreement. The updates affect your legal rights, including how disputes and claims between you and Valve are resolved. Among other things, the new dispute resolution provisions in Section 10 require that all disputes and claims proceed in court and not in arbitration. Please review carefully.
For comparison, here is a Wayback Machine snapshot from yesterday: https://web.archive.org/web/20240925000911/https://store.steampowered.com/subscriber_agreement/
Source: https://www.404media.co/steam-removes-forced-arbitration-clause-gamers-can-now-sue-valve/