During a U.S. Senate subcommittee hearing this week, New Hampshire Sen. Maggie Hassan grilled commissioners from the Federal Trade Commission about video game loot boxes — about how prevalent they are as well as the fact that stricter oversight of them might be needed. “Loot boxes are now endemic in the video game industry and are present in everything from casual smartphone games to the newest, high-budget video game releases,” she said during the Senate’s Commerce, Science, and Transportation subcommittee hearing on Tuesday. “Loot boxes will represent a $50 billion industry by the year 2022, according to the latest research estimates.” She then asked commissioners if they would be willing to look more closely at their usage in video games, and the commissioners said they would.
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The FTC may be coming after video game loot boxes originally appeared on BGR.com on Wed, 28 Nov 2018 at 23:17:40 EDT. Please see our terms for use of feeds.
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