Gaming Regulation: 17 Countries Call for Action Against Practices of Gaming Companies

Tuesday, 1 October 2024, 17:07

Gaming regulation is becoming a hot topic as 17 countries join forces to address concerns with virtual currencies like V-Bucks and COD Points. Led by the Norwegian Consumer Council, these nations are advocating for fair practices in the gaming industry. This collective effort highlights growing concerns about the impact of monetization strategies implemented by major companies such as Sony, Activision, Electronic Arts, and Take-Two Interactive.
Tweaktown
Gaming Regulation: 17 Countries Call for Action Against Practices of Gaming Companies

Growing Concerns Over Virtual Currencies

On September 12th, 2024, the Norwegian Consumer Council, in union with 21 consumer organizations from 17 nations, formally complained to EU authorities regarding the unfair practices of major video game companies encompassing virtual currencies. This coalition urges regulatory bodies to scrutinize how gaming giants like Sony, Activision, Electronic Arts, and Take-Two Interactive leverage in-game currencies for profit.

Key Points of Advocacy

  • Fairer Practices: Advocates stress the need for transparency in transactions.
  • Consumer Protection: The complaint emphasizes essential player rights.
  • Impact of Monetization: Concerns focus on the effect of addictive monetization strategies.

As gaming continues to grow, these countries' positions signal a shift towards equitable practices in the sector. The outcome of this initiative will potentially influence how companies develop and monetize their games in the future. For more detailed information, it’s recommended to visit the source.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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