We accepted this agreement because we want Epic to be at the forefront of consumer protection and provide the best experience for our players. The laws have not changed, but their application has evolved and long-standing industry practices are no longer enough. Statutes written decades ago don’t specify how gaming ecosystems should operate. The video game industry is a place of fast-moving innovation, where player expectations are high and new ideas are paramount. No developer creates a game with the intention of ending up here. Epic will also pay $275 million USD to the FTC to resolve concerns related to children’s privacy in Fortnite. In it, Epic will pay $245 million USD to the FTC to resolve concerns related to past designs of the Fortnite item shop and refund systems in Fortnite, which the FTC will use to distribute to Epic customers at their discretion. Microsoft's president said it tried to give peace a chance but will now defend itself in court.Epic has reached a settlement with the Federal Trade Commission (FTC). The FTC is also in the midst of suing Microsoft over its proposed acquisition of Activision Blizzard. In addition to the $245 million for in-app purchase issues, Epic will pay $275 million as a civil penalty for COPPA violations pertaining to collecting personal information from Fortnite players under the age of 13 without parental consent, as well as other issues. "Don't pay anyone who promises you an FTC refund in exchange for a fee," the FTC said. The FTC said it will never ask those eligible for a refund to pay to file a claim. With a settlement of this size and scale-$245 million is a lot of money, after all-there will inevitably be bad actors trying to scam people for money with bogus claims about the settlement process. You can sign up for email updates to say up to date. "When we have more information about the refund program, we will post updates here and send email notices to customers who paid for in-game purchases," the FTC said. The refund program is still being assembled, it seems. Those who believe they are eligible for money back don't need to do anything currently, the FTC said.
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