Tag Archives: regulation

Blizzard Changes Course, Integrates Real Money Trading Into Diablo III

If you’re a hardcore player of World of Warcraft, you know how stringently its parent company, Blizzard, has fought to keep the spectre of real money trading (RMT) from corrupting the game.  Gold farming and power leveling were/are scourges of … Continue reading

Posted in International News, Multi-user Online Environments, Virtual Currency, Virtual Items / Virtual Goods | Tagged , , , , , , , , , , , | Leave a comment

A Real “Virtual Currency” Emerges: Could BitCoins Threaten “Real” Currencies?

I’ve talked fairly often on this blog about the trade of virtual goods and virtual currencies in virtual worlds such as Second Life or Facebook.  While novel, neither of these elements are legally what they claim to be.  With respect to virtual … Continue reading

Posted in Multi-user Online Environments, Virtual Currency, Virtual Items / Virtual Goods, Virtual Worlds | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 2 Comments

Virtual Items Continue to Harvest Bushels of Real Money, For Now

The market for virtual goods continues to grow, but consumers need to take a more proactive approach to demanding consistency and transparency in how the transactions are governed. Government regulation is unlikely, so it’s time for a market-driven solution to the chaos of EULAs that have generally replaced our existing commercial legal system. Continue reading

Posted in Social Networks, Virtual Items / Virtual Goods, Virtual Worlds | Tagged , , , , , , , , , , , , , , , , | 1 Comment

Digital Economy Bill in UK a Menace to Privacy?

The UK parliament recently passed a piece of legislation called the Digital Economy Bill (now known as the Digital Economy Act, or DEA).  The DEA is a collection of measures designed to target copyright and other IP violations on the Internet and … Continue reading

Posted in International News, Privacy, Rights and Civil Liberties, Social Networks, Virtual Worlds | Tagged , , , , , , , , , , | 1 Comment

Virtual World Addiction’s Deadly Costs

As videogames become more addictive, it seems that some form of government regulation is likely to emerge to counteract its effects. Continue reading

Posted in International News, Virtual Worlds | Tagged , , , , , , , , , , , , , , , , , , , , | 4 Comments