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This basic issue is a year old. It has been fixed for Mac and marked as completed (Apple is all that counts?). This has got to be a joke. I paid 60$ for a text editor that is not taken care of at all. Last update has been half a year ago and I keep running into basic issues. Really...... 

I have realized that the problem was actually that I have installed the ZenCoding Package. It introduced the conflicting shortcut. Now that I am investigating, I find that ZenCoding has a whole bunch of shortcuts that conflict with the ones in Sublime Text 2: