This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

Cognosphere reaches $20 million settlement with US FTC over loot boxes, data collection

( January 17, 2025, 21:13 GMT | Official Statement) -- MLex Summary: Cognosphere, maker of the video game Genshin Impact, has agreed to pay $20 million and to block children under 16 from making in-game purchases without parental consent to settle US Federal Trade Commission allegations that the company violated a children’s privacy law and deceived children and other users about the real costs of in-game transactions and odds of obtaining rare prizes. According to the complaint, Cognosphere actively marketed Genshin Impact to children and collected personal information from them in violation of the Children’s Online Privacy Protection Rule. Statement follows in full. Also see attached file. ...

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login