China announced new laws to limit microtransactions, affecting major corporations like Tencent. - eviltoast

These laws will ban rewards for spending money within a game for the first time, ban rewards for buying consecutive microtransactions, and ban rewards for daily log-ins.

      • Synthuir@lemmy.ml
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        11 months ago

        To add onto what the others have said, the CCP isn’t shy about enforcing restrictions on digital media domestically. For instance, TikTok in China (Douyin) is quite different from the international version with strictly-enforced time limits, content restrictions, etc.

        • undeffeined@lemmy.ml
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          11 months ago

          If it was only money they wanted they would not do this. The limitations they are imposing will cut revenue to their biggest Game companies. I mean, the laws are not in effect and there was already a big crash on Netease and Tencent stock prices.

        • gataloca@lemmy.world
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          11 months ago

          I think the CCP are just trying to do what they think is best for the welfare of their people.

      • Alsephina@lemmy.ml
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        11 months ago

        China doing a better job regulating corporations than the west is nothing new.

        Even this current one happened while Tencent was barely recovering from another regulation set last year. Kicking megacorps while they’re down lol as they should.

        • yamanii@lemmy.world
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          11 months ago

          But think about the CEO’s freedom of abusing gambling addicts outside of a safe environment with virtually no regulation and that can be used by kids and teens!

          I actually wouldn’t have anything against gacha games if they all were marked as Adult-only, even the most dumbass parents would think twice about buying EA FC if it had the AO rating.

          • Carighan Maconar@lemmy.world
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            11 months ago

            And not only AO, if it included the same required gambling-warnings other gambling system have to show every time they so much as mention their name.

        • This is fine🔥🐶☕🔥@lemmy.world
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          11 months ago

          Probably because CCP wants other countries’ citizens to be addicted to games but not their own.

          How else would they have 9-9-6 model if Chinese youth started going down the path of Japanese hikikomoris?

      • Ilflish@lemm.ee
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        11 months ago

        Well China doesn’t like companies having power so this is a way to neuter them, especially in response to trying to limit online game consumption already.

        Edit: Tencent is apparently the most profitable company in china right now so this is a direct attack at their profits most likely, not just China doing good

        Edit2: This video goes into it a bit https://youtu.be/uieLEIVlQgc?si=mNiOlXPn9k7V6XX-