Earlier quoted context omitted.
It's totally ridiculous. Imagine Walmart tried to do the same thing with physical goods; say any shoplifter Walmart catches immediately gets all their Walmart purchases taken back. We'd never allow it. Even if they were conflicted of theft, we wouldn't say "oh, sure, Walmart can come in and take your desk". Why have we allowed it with digital goods?
I don’t think that many people would complain if shoplifters were forced to return legitimately purchased wares. After all, we fine people for shoplifting. Money is fungible. So the effect is similar.
Walmart fines people for shoplifting? Of course not. That is a job of a government.
Companies should not be a judge, jury and executioner.