EU Consumer Watchdogs Probe Game Firms Over Virtual Currency
The European Consumer Protection Cooperation (CPC) Network has initiated coordinated actions against ten major game companies, including Activision Blizzard, King, Supercell, and Mojang, over potential non-compliance with its 'Key Principles' on in-game virtual currencies. The CPC is investigating games like Candy Crush Saga, Minecraft, and Clash of Clans for practices that may hide real costs of microtransactions and target vulnerable consumers, particularly children. Following last year's guidelines and extensive talks, the CPC claims many companies have not made substantive changes. The investigation could lead to enforcement measures under EU consumer law, though the principles are not legally binding. The case may set a precedent influencing the upcoming Digital Fairness Act.
- •The European CPC Network has initiated coordinated actions against ten game companies, including Activision Blizzard, King, Supercell, and Mojang.
- •The companies are being investigated for compliance with 'Key Principles' on in-game virtual currencies, which require transparent pricing and protecting children.
- •Games under assessment include Candy Crush Saga, Minecraft, Clash of Clans, Valorant, and Diablo Immortal.
