FTC Workshop on Lootboxes Set for August 7th, Will Be Livestreamed

The committee will be discussing "their role in game play and the digital marketplace" and more.

Posted By | On 09th, Apr. 2019

loot boxes

The FTC (The Federal Trade Commission), an independent agency of the United States government that governs over issues like consumer rights, have announced that they will hold a workshop on August 7th at the Constitution Center in Washington, D.C., where the topic of discussion will be loot boxes and their effects on consumers. It will be open to the public and livestreamed. As of now there is no list of speakers, but the announcement does say that  they have invited “industry representatives, consumer advocates, trade associations, academics, and government officials.”

As far as what will be covered at the workshop, this list was given as follows:

  • The in-game transaction landscape, including the origins and evolution of loot boxes and their role in game play and the digital marketplace;
  • Research examining consumer behavior, including child and adolescent behavior, in the context of video games and digital transactions; and
  • A discussion of consumer awareness and education about in-game digital transactions, including the mechanics, marketing, and financial commitments associated with loot boxes.

While the practice of randomized lootboxes has been common practice for years, particularly in the mobile game space, a controversy erupted around the release of EA and DICE’s Star Wars Battlefront 2 for its use of the monetization method in that game. The resulting controversy opened up a broad conversation about the practice, with many critics saying it exploits gambling addiction and that lootboxes should be labeled and treated as gambling, and be under the same federal regulations casinos and other gambling ventures are. Countries like Belgium have already been taking steps in the same direction.

However you happen to feel about the practice, you can make your voice heard by weighing in. The commission is taking online submissions about the issue up until October 11th, 2019.


Amazing Articles You Might Want To Check Out!

Keep On Reading!

GTA Online Revenue Leak Spurs Increase in Take-Two Interactive’s Stock Price

GTA Online Revenue Leak Spurs Increase in Take-Two Interactive’s Stock Price

Standing up to bullies is always a great way to earn some goodwill, but Take-Two has lucked out in the recent ...

Wuchang: Fallen Feathers Team Dissolved After Refusal to Shift to Support Work – Rumor

Wuchang: Fallen Feathers Team Dissolved After Refusal to Shift to Support Work – Rumor

The team behind one of 2025’s best Soulslikes is allegedly no longer part of Leenzee after refusing to be re...

Hades 2 Receives New Accolades Trailer to Celebrate Xbox And PlayStation Launch

Hades 2 Receives New Accolades Trailer to Celebrate Xbox And PlayStation Launch

Going to Hell is now a welcome trip on your console, and who better than Melinoë to give you a little company...

Pragmata Shows Off Even More Gorgeous RTX Path Tracing Ahead of Launch

Pragmata Shows Off Even More Gorgeous RTX Path Tracing Ahead of Launch

This one’s definitely up there with the best-looking games, and should perform as well courtesy of Nvidia DL...

Next God of War Could Feature Chinese and Japanese Mythological Elements – Rumor

Next God of War Could Feature Chinese and Japanese Mythological Elements – Rumor

Following a report about the potential inclusion of Mayan elements, other myths could be involved in the alleg...

Marathon’s Latest Update Adds Mercy Kits, C.A.R.R.I., and New Runner Skins in Rewards Pass

Marathon’s Latest Update Adds Mercy Kits, C.A.R.R.I., and New Runner Skins in Rewards Pass

Accidentally knocked down another player without meaning to? The Mercy Kit now provides a do-over and a chance...