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File: 89b2743de3c3375⋯.png (78.14 KB, 297x364, 297:364, 89b2743de3c3375509758533c9….png)

7a8132  No.15853768

"The sledgehammer is coming whether we like it or not"

>Industry veterans have called on the global games industry to take action on loot boxes in video games. While loot crates and microtransactions have been an industry staple for a number of years now, the loot mechanics in games like Star Wars Battlefront 2 and Overwatch has drawn the attention of gambling regulators. Many countries like Belgium and the Netherlands have already taken action in relation to gambling laws, and now the United States Federal Trade Commission has indicated it will be specifically investigating how loot boxes impact children.

>Speaking at a behind-closed-doors event hosted by legal firm Wiggin (thanks, GamesIndustry.biz), one developer opined that if the industry didn't take steps to self-regulation, Government legislation would be like a "sledgehammer". Talking to GI.biz after the panel, one developer suggested self-regulation might already be too late, and that "the sledgehammer is coming whether we like it or not".

>While the panel acknowledged that investigations into loot boxes suggested they didn't strictly fall under the definition of gambling in all countries - and dismissed Belgium's ban on them as just "media attention seeking" - it was, however, accepted that that definition could be updated to include them. A specialist from the Intellectual Property Office speculated that this potential legislation could detrimentally affect the games industry's ability to secure investment, and thus the panel felt self-regulation could defer government intervention.

https://archive.fo/lNGFq

7482fc  No.15853805

>>15853768

Self regulation never achieves anything. The free market fixes nothing.


7a8132  No.15853807

>>15853805

Correct. It's the last throw of the dice.


938d90  No.15853864

>>15853768

Shareholders will probably push publishers into making even more cashgrabs as hard as possible until they can just sell stock and poof from the world into some fiscal heaven while everything burns, wait for a few years and repeat the cycle when videogames becomes a somewhat respectable hobby again


0de3a2  No.15853876

File: cb5693e802c7126⋯.jpg (52.12 KB, 500x746, 250:373, 3468601d88e1530792ffddaa7d….jpg)

>While loot crates and microtransactions have been an industry staple for a number of years now

Wait. How fucking long has it been?


e86ee7  No.15853893

>>15853768

It took EA and DICE fucking up this big to directly threaten the entire industry's greed. Don't give a shit about them flopping off, just gonna play the real Battlefront 2.


55743e  No.15853894

>>15853876

Fucking horse armor man.


6cc5a9  No.15853897

>>15853876

Too long.


8bb8dc  No.15853919

>>15853768

>self-regulate

This doesn't fucking work when it comes to money. When the fuck are people going to learn that? Loot boxes are done because they make money, and no company is going to willingly stop making money. The fact is that loot boxes are just gambling, which is illegal for those under 18, and illegal in most places in the US. It's just a way to get people hooked on spending on stupid shit. Kill it now.


a7ed8e  No.15853940

File: 52e4c899a547428⋯.jpg (10.81 KB, 603x140, 603:140, dlc-truth.jpg)


e86ee7  No.15853944

>>15853919

>There will be no microtransactions and lootboxes in Battlefield Sexism!

>This new Open World update after 3 months has them!

They can't, they just fucking can't stop.


e42936  No.15853949

How isn't loot boxes gambling? With micro-transactions you actual get to know what you're getting, even if the prices are outrageous at times. Loot boxes uses rng to determine what you'll get. Sometimes it's good and you get a little more than what you put in, but most of the time, you'll get junk no matter how much you put in. I'd rather go back to game expansions since there is more substantial content in them than what we get in DLC that can also be prepackaged with a season pass.


82bd1b  No.15853968

>>15853940

Famous last words.


46bd55  No.15853971

File: a4d712d5aae78f6⋯.png (947.59 KB, 1080x600, 9:5, ClipboardImage.png)

>>15853940

>won't be able to complete a game without buying the add-on

We already reached that point.


6cc5a9  No.15853972

>>15853919

Of course it doesn't work that's why they want it.


6cc5a9  No.15853973

>>15853971

Post merula lewds please.


ef2303  No.15853980

>>15853949

It's 100% gambling. It's a relatively new concept though so legislation hasn't caught up.


46bd55  No.15853984

File: 6a58c058a2a54e9⋯.png (734.07 KB, 690x1000, 69:100, ClipboardImage.png)

File: 67b23046bb4229b⋯.png (1.59 MB, 1500x1289, 1500:1289, ClipboardImage.png)

File: 447e7f2cc210bd5⋯.png (646 KB, 746x1151, 746:1151, ClipboardImage.png)

>>15853973

Only good thing about that game.


6cc5a9  No.15853985

>>15853984

Thanks.


fb786b  No.15853993

>>15853984

Didn't even realize that was shadman for a second. I just thought it was generic deviant art.


a8f33f  No.15854003

YouTube embed. Click thumbnail to play.

>>15853876

You know how long.


52b42b  No.15854053

File: 8dfc7457b50beff⋯.png (75.07 KB, 201x197, 201:197, 1383637327256.png)

>this potential legislation could detrimentally affect the games industry's ability to secure investment

Oh noooooooooo, they won't be able to attract greedy investors with exploitative business practices. What horror.


814c49  No.15854614

File: fd847026bd437a8⋯.jpg (Spoiler Image, 420.67 KB, 1228x1736, 307:434, tumblr_pgbxa4naqX1takt7zo1….jpg)

File: 353d591020376d7⋯.jpg (Spoiler Image, 225.92 KB, 1228x1736, 307:434, tumblr_pgbxa4naqX1takt7zo2….jpg)

File: 4b087de7ca4a0ae⋯.jpg (Spoiler Image, 268.63 KB, 1228x1736, 307:434, tumblr_pgbxa4naqX1takt7zo3….jpg)

File: 832b2ad6183785c⋯.jpg (Spoiler Image, 19.88 KB, 250x354, 125:177, tumblr_pgbxa4naqX1takt7zo6….jpg)

File: 39271d829ed912b⋯.jpg (Spoiler Image, 223.75 KB, 1228x1736, 307:434, tumblr_pgbxa4naqX1takt7zo7….jpg)

>Games industry told to self-regulate

They were already told and what did they do? GO ahead and release Star Wars Battlefront II, which started the chain reaction of potential regulation to begin with. They're not going to heed.

>>15853973

pics related


34434e  No.15854697

The industry refuses to regulate loot boxes. Why else would the government reach this point?


7330dd  No.15854784

>>15854614

They've used the ESRB, and their self regulation, as a way to harm competitors rather than actually do what it was intended to do. So naturally, it is going to bite them in the ass.


8048c1  No.15854933

File: f1b704073a61b8d⋯.jpg (43.23 KB, 500x250, 2:1, Andy Wilson.jpg)

>>15853968

>Famous last words.

No, that was an accurate prediction. Famous last words would be; "Fuck em', it's just Belgium. What are they gonna do - arrest us?"


97a41b  No.15854944

>>15853805

True, but to be more accurate, self-regulation only leads to the actors seeing what they can get away with. If the invisible hand worked, and let it be clear it only would do so if every actor was completely rational, ie. only bought the best product at the best quality/price ratio, then cutting corners and shafting customers would logically lead to punishment. Since it doesn't and anti-consumer practices are allowed to exist at all, let alone thrive, the invisible hand idea is clearly out the window in our current economic climate. It's not even an argument at this point, it's putting two and two together.

At the moment, the equilibrium point the free market can ever hope to achieve is not the best of both worlds but juuuust below Battlefront II.

This is why, when the consumer is not willing to punish bad practices, some measure of government intervention is simply needed. Proponents of the true free market forget (or maybe conveniently ignore because they mostly roll for corporate) that the consumer would still be too much of an irrational dumbass to regulate anything. That would not change, and neither would be the inherent imbalance.


ad28d8  No.15854962

>if the industry didn't take steps to self-regulation, Government legislation would be like a "sledgehammer"

That doesn't even matter at this point, since they already have self-regulation. The ESRB gives games AO ratings if it allows gambling with real money. They just decided that lootboxes don't fall under that, and that it's up to the gambling authorities to decide if it is.

The fact that the ESRB, PEGI and other organizations like it haven't even given the vaguest of hints that lootboxes might need to be classified as gambling shows that the self-regulating authority doesn't give a shit.


285741  No.15854964

>>15854944

The government has been meddling and been involved with the economy for so long, there hasn't really been a free market for quite some time. About 100-120 years. The "free market" doesn't work because companies will make use of government regulation, tax breaks (I ain't for most taxes myself), and general incentives that the government provides in order to get a leg up on other companies/corporations.

So really, this is a continuation of getting government more involved which will have negative consequences in the future (I don't think state or federal government should regulate gambling either, btw). But this possible regulation may happen because of people shouting there "ought to be a law" and the state could make more money by regulating it.


5cbb8f  No.15854979

But regulations are bad. All they do is stifle the industries and hurt the economy. The free market will fix this issue like every other issue.


a008c0  No.15854989

>>15853876

Not sure about an exact date for the first microtansaction but loot boxes started on the 30th of September 2010, that's when valve introduced their cancerous crate system and everyone else copied them after idiots gave Valve billions though it.

What i'm wondering is how this will effect TCGs.


1ac959  No.15855021

>>15854964

>He actually thinks business owners will stop being greedy fucks if you remove all regulations

How are you even able to breathe when you're this braindead?


4ddde5  No.15855032

>>15853805

>Self regulation never achieves anything. The free market fixes nothing.

It does, its just that it only works when aryan people do it, the problem with western nations right now is they are low trust societies full of scum who have no concept of things like dignity or honor. We live in a society where success is dictated solely by the size of your bank account rather than the content of your character and your actions, and this is merely one manifestation of the consequences.


cdbb97  No.15855046

File: a2ec84ef18896a3⋯.jpg (528.66 KB, 2048x1536, 4:3, a2ec84ef18896a387d230e35a6….jpg)

>>15854979

>lolberg thinks that people don't eat lootboxes and mobile garbage up by the millions of dollars daily

>th-the free market will f-fix it, despite no country actually having a "free" market


d89fc4  No.15855055

Lolberts like in a magical reality where political power is magically generated by governments. Presumably back in the day when first settlements became large enough to form coherent interfamily polities, a group of leading shamans came together to summon an evil spirit that grants ability to suppress others to legimate governments and only legimate governments. If this spirit was finally succesfully exorcised, nobody would be able to force anyone else to do anything ever again.


d4002a  No.15855360

File: 044906203d90bfc⋯.jpg (25.61 KB, 448x435, 448:435, nigger_what.jpg)

>>15854979

>The free market will fix it!!


000000  No.15855646

>>15853768

Good.

Regulate everything.

Never give freedom to corporations.

>>15853805

>>15853919

This.

>>15853864

Video games becoming (((respected))) was what started the decline.


923c0b  No.15855686

>>15855646

Around 2007 western companies started dumping crazy money into commercial timeslots on tv for COD4, Gears of War, and Asscreed.


97a41b  No.15858625

File: 8ce37e9b53b5762⋯.jpg (57.78 KB, 517x627, 47:57, your shit's all retarded.jpg)

>>15854964

Good job missing the entire point of my argument and parrotting corporate talk against another point entirely.

I repeat - the invisible hand theory's whole conceit is that demand will punish the bad kind of offer. Normalfags don't punish the bad kind of offer. Hence, the invisible hand doesn't work towards perfect quality and prices, but towards the utmost limit of tolerable to the normalfag. Tax breaks and incentives have absolutely zero to do with this. It's a phenomenon that will always exist no matter how free the market is.


18a34b  No.15864553

>>15855686

>2007

It's always that year.


455e99  No.15868965

>>15854979

>being a lolbertarian

>still

M-m-muh free market.


450be4  No.15869054

Tfw your greed is to much even for the government regulators


20fff2  No.15869103

>>15853768

OY VEY LITERALLY ANOTHA SHOAH




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