Simplify the following text for a Grade 8 native English-speaking person.
Original: The European Commission supports the PEGI self-regulation : `` PEGI appears to have achieved good results and PEGI On-line is also a promising initiative , making of PEGI a good example of self regulation in line with the better regulation agenda . ''
Simplified: Pan European Game Information ( PEGI ) is an European organization that rates video games . The PEGI system is used in more than thirty countries .