Loot boxes to be investigated by the FTC (Federal Trade Commission)

[VAMatt]

Wyrdness said:

The whole SWBF2 and Middle Earth:SOW debacles highlight this in how the industry is not self regulating but instead implementing designs in games that force the use of the said mechanic.

So, what happened to loot boxes since those games?  There was public outcry, and publishers responded by scaling back loot boxes.  That's essentially the definition of self-regulating.