Policy · Updated 8 Oct, 06:00 pm IST
Italy opens EU-backed probe into Microsoft-owned game studios over virtual currencies
Why it matters for readers: It matters because regulators are asking whether games are clear about prices and protecting younger players when they buy digital items.
- The Italian antitrust authority launched a probe into several Microsoft-owned video-game companies over their use of virtual currencies.1
- The probe specifically names Activision Blizzard and is part of a wider EU-coordinated initiative by the Consumer Protection Cooperation (CPC) Network.1
- Investigators are focusing on transparency and fairness where purchases are priced in virtual currencies and may involve multiple conversion layers.1
- The coordinated EU action aims to protect consumer rights, with an emphasis on protecting minors in the gaming sector.1
- The CPC network previously launched actions against other game makers including Riot Games, Ubisoft and Supercell.1
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