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Genshin Impact, FTC and gacha game
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.
Chevron, 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
FTC Finalizes Consent Order Settling Antitrust Concerns In Chevron's Acquisition Of Hess
The U.S. Federal Trade Commission finalized a consent order that resolves antitrust concerns surrounding Chevron Corp.'s (CVX)
Exxon Mobil and Chevron Megadeals Are Cleared of FTC Antitrust Concerns
The Federal Trade Commission on Friday approved separate consent orders resolving antitrust concerns over two multibillion-dollar oil deals: Exxon Mobil’s purchase of Pioneer Natural Resources and Chevron’s acquisition of Hess.
PepsiCo, Walmart and 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.
US Lawsuit Accuses Pepsi Company of Price Discrimination That Favored Walmart Over Smaller Stores
A lawsuit filed by the Federal Trade Commission alleges that food and beverage maker PepsiCo engaged in illegal price discrimination by giving unfair price advantages to one big-box retailer
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." ...
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 ...
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 ...
3h
Why Did Snap Inc. (SNAP) Go Down on Friday?
However, ten companies under mixed sectors bucked an overall positive market sentiment as multiple negative factors put ...
Hays Post
6h
FTC sued Deere & Co. for monopolizing farm-equipment repair market
SPRINGFIELD, Ill. (AP) — Deere & Co. unfairly forces farmers to visit authorized dealers to repair their equipment, resulting ...
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