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Genshin Impact, FTC
FTC orders Genshin Impact's developer to block young teens from making in-game purchases
Kids and younger teens might soon be unable to play Genshin Impact's gachas. The developer behind the game has agreed to block players under 16 years old from making in-game purchases without parental consent in order to settle a complaint from the Federal Trade Commission.
Genshin Impact Video Game Maker to Pay $20 Million in FTC Case
The maker of the popular video game Genshin Impact agreed to pay $20 million to settle claims that it deceived players about the cost of winning sought-after prizes, the US Federal Trade Commission said Friday.
‘Genshin Impact’ Must Pay $20 Million For Misleading Players About Gacha Spending
Genshin Impact remains one of the most popular gacha games in the world, constantly adding new regions and characters, but now they’ve run afoul of the FTC
Genshin Impact maker fined $20M over loot box deception
The FTC penalized the Genshin Impact developer for misleading marketing around loot boxes and breaching child privacy laws.
Microsoft, AI and FTC
FTC says partnerships like Microsoft-OpenAI raise antitrust concerns
The Federal Trade Commission said in a staff report issued Friday that there are potential competitive issues in partnerships between big tech companies
The FTC is concerned about Big Tech-AI startup partnerships — Microsoft-Open AI raises alarms
The FTC warns that multi-billion-dollar partnerships between Big Tech and AI startups could lead to the monopolization of the AI and cloud computing sectors.
FTC examines AI deals between Microsoft & OpenAI, Amazon, Google & Anthropic
The U.S. Federal Trade Commission (FTC) on Friday found that the partnerships between Microsoft (NASDAQ:MSFT), Amazon (NASDAQ:AMZN) and Alphabet's (NASDAQ:GOOGL)(NASDAQ:GOOGL) Google with OpenAI and Anthropic allows for the potential of the artificial intelligence (AI) developers being "fully acquired" by the tech giants.
PepsiCo, FTC
FTC Sues PepsiCo, Alleging It Gave Walmart Unfair Pricing Advantage
Outgoing agency Chair Lina Khan has filed a raft of measures during her last week in office.
FTC sues PepsiCo, alleges 'rigged' soft drink competition
The Federal Trade Commission on Friday filed a lawsuit against PepsiCo, Inc., alleging the company engaged in illegal price discrimination by giving an unnamed "large, big box" retailer unfair pricing advantages, while raising prices for others.
FTC sues Pepsi for illegal pricing practices, driving inflation
The FTC is suing PepsiCo for allegedly rigging the market by offering “unfair pricing advantages” that can contribute to inflation.
FTC bans General Motors from selling driver data for 5 years
FTC orders GM to stop collecting and selling driver’s data
The Federal Trade Commission (FTC) has announced action against General Motors (GM) and its subsidiary, OnStar, for unlawful collection and sale of drivers' precise geolocation and driving behavior data without first obtaining their consent.
FTC Says Consumer Data Is Behind ‘Surveillance’ Pricing
Major retailers can tailor prices based on customer data including location, demographics or shopping history, the US Federal Trade Commission said in initial study findings, raising concerns about the use of what they termed “surveillance pricing.
General Motors Barred From Selling Driver Data for 5 Years
The company allegedly collected and sold geolocation and driver behavior data to third-party companies. General Motors and subsidiary OnStar will be banned for five years from sharing drivers' precise geolocation and driving behavior data with consumer reporting agencies,
PCMag on MSN
6h
Genshin Impact Publisher Hit With $20M FTC Fine for Marketing Loot Boxes to Children
The Federal Trade Commission (FTC) announced that companies misleading players about the “true cost of in-game transactions” ...
1d
FTC's 'click to cancel' just kicked in, but unsubscribing may not get easier for months - here's why
The ruling, which went into effect this week, requires businesses to make canceling a subscription as easy as signing up for ...
1d
FTC Takes On Deere & Co. In New Right-To-Repair Fight
The agency filed suit against Deere over its software repair tool, only available to authorized repair shops, which has led ...
2h
This property manager operating in Wisconsin is being sued by the FTC. What to know.
The FTC said property manager Greystar charged consumers hidden fees adding up to "hundreds of millions of dollars." ...
Healthcare Dive
1d
Welsh Carson agrees to pare back anesthesia market power to avoid new FTC suit
Antitrust regulators have reached a deal with Welsh, Carson, Anderson and Stowe that doesn’t penalize the private equity firm ...
1d
on MSN
FTC refers Snap complaint alleging its chatbot harms young users
In a rare move, the FTC issued a statement that revealed it referred a complaint against Snap to the DOJ, alleging an ...
3d
Apartment giant Greystar facing FTC lawsuit over misleading rental fees
The suit accuses the company of falsely advertising rental prices by failing to inform renters of numerous mandatory fees.
3d
on MSN
FTC orders GoDaddy to upgrade online security for small-business customers after breach
The FTC ordered GoDaddy to improve its online security measures on behalf of small-business customers. The Tempe-based ...
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