You are viewing issue# 843

Apple to pay millions in refunds for improper billing of children

Apple Inc. has agreed to settle an FTC complaint by paying at least $32.5 million to reimburse consumers who did not give consent to charges that their children incurred while using mobile apps. The company, in the settlement announced on January 15, also agreed to change its practices to ensure that it obtains consumers’ informed consent before billing them for items sold in mobile apps.

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FTC targets deceptive auto advertising

So you just received a mailer that includes a sweepstakes ticket from a local car dealer that says if the numbers you scratch off match the numbers at the top of the letter, you’re a winner. If you...

FTC:WATCH Special Report: St. Luke’s trial could reshape health-care industry

EDITOR’S NOTE: A trial is underway in Boise, Idaho, that could determine the future configuration of the health-care industry in the United States and mark the beginning of the end of the iconic...

FTC takes aim at deceptive weight loss advertisements

The advertising pitch couldn’t help but grab the attention of anybody looking for an easy path to shed some weight. After all, it was pushing a “clinically-proven” approach in which all you had to...

FTC’s move to seek media help in combating deceptive ads raises questions

When the FTC recently announced it had gained major settlements against several companies for using deceptive advertisements to promote bogus weight loss products, it also did something a bit...

DOJ wins antitrust challenge of Bazaarvoice’s purchase of PowerReview

The Justice Department’s victory in its antitrust lawsuit challenging Bazaarvoice’s $168 million acquisition of PowerReview – a deal that brought together the two leading providers of online...

Traders charged with LIBOR manipulation

The Justice Department announced that it had brought criminal charges against three former Rabobank traders for allegedly manipulating LIBOR, the London InterBank Offered Rate. The announcement on...

U.S., Chinese discuss priorities

Neil Averitt commentary: A major rethinking of merger practice is overdue