From ZDNet:

Oracle has found itself on the losing side of a judgement by Europe’s top court, which ruled on Tuesday that software licences can be sold on a second-hand basis, even when the software in question is downloaded rather than sold on physical media.

The best part from the Court of Justice of the European Union (CJEU) statement:

Therefore, even if the licence agreement prohibits a further transfer, the rightholder can no longer oppose the resale of that copy.

This makes sense to me. I wonder how online download services like Steam will react to this judgement.