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The ESRB’s Labeling of ‘In-Game Purchases’ Does Nothing to Solve the Loot Box Problem

Microtransactions have been a thorn in the side of gamers ever since Oblivion’s infamous horse armor released in April of 2006. While this certainly wasn’t the start of paid add-ons and monetization in games, the prevalence on consoles thrust the issue into a whole new light. Monetization in video games has expanded dramatically over the last 12 years, but there again, so have games. Developers…

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