This is in the PS3 TOS as well.
PlayStation®3 Game DiscsGame software is licensed for home use only on authorised PlayStation®3 systems in Europe, the Middle East, Africa and Oceania onlyYou may not lease, rent, sublicense, publish, modify, adapt, or translate any portion of the Game Software.You may not use the Game Software commercially, broadcast it, charge for its use, use it in a public arcade or make other public performance of it without express permission from Sony Computer Entertainment EuropeTo the fullest extent permitted by law, you may not reverse engineer, decompile, or disassemble any portion of the Game Software, or create any derivative works, or otherwise attempt to create Game Software source code from its object code.You may not use any unauthorised, illegal, counterfeit, or modified hardware or software in connection with the Game Software to bypass, disable, or circumvent any encryption, security, or authentication mechanism for the PlayStation®3 system.You may not resell Game Software unless expressly authorised by Sony Computer Entertainment Europe
4. Software is Licensed4.1. All Software is licensed, not sold, which means you acquire rights to use the Software, as described in these Terms, but you do not acquire ownership of the Software. If you do not comply with these Terms, we can terminate your Software Licence which means you will no longer have the right to use the Software.7. Resale7.1. You must not resell either Disc-based Software or Software Downloads, unless expressly authorised by us and, if the publisher is another company, additionally by the publisher.