The FTC saunters into the loot box fight

This time 12 months ago, loot boxes were the biggest story in the video game business . But now, even though they are still in some games, they already feel like a relic of the past. So naturally, here comes the Federal Trade Commission.

The FTC is promising to look into the effects of loot boxes in video games (as first reported by Broadcastingcable). FTC chairman Joseph Simons made that commitment during a Congressional oversight hearing primarily focused on data privacy at tech giants Facebook and Google. Sen. Maggie Hassan (Dem., New Hampshire) brought up the issue, and Simons explained that the FTC plans to keep the oversight committee apprised of its findings.