Topic: economic harm
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Microsoft sued for misleading millions of Australians over 365 subscriptions
The Australian Competition and Consumer Commission is suing Microsoft for allegedly misleading 2.7 million customers by not disclosing a cheaper "Classic" plan option when introducing Copilot AI features and price increases. Microsoft's communications presented subscribers with only two choices: ...
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Ocean Damage Doubles Climate Change Costs
New research reveals that including ocean damage from climate change, such as coral reef collapse and coastal destruction, nearly doubles the global economic cost, adding close to $2 trillion in annual damages. The study fundamentally revises the social cost of carbon (SCC), increasing it from $5...
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