Topic: ftc lawsuit
-
FTC Sues Zillow Over $100 Million Redfin Deal
The FTC is suing Zillow and Redfin, alleging their partnership illegally reduced competition in the online rental market by eliminating Redfin as a rival, which could raise costs and limit choices. The agreement involved Zillow paying Redfin $100 million to syndicate rental ads, consolidating lis...
Read More » -
Jury to Decide if Amazon Deceived Users into Prime Payments
Amazon is facing a Federal Trade Commission trial over allegations of misleading users into Prime subscriptions and complicating cancellations using deceptive design practices. A pre-trial ruling found Amazon violated consumer protection laws by not fully disclosing terms before collecting paymen...
Read More » -
Amazon to Pay $2.5B in FTC Prime Lawsuit Settlement
Amazon has agreed to pay a $2.5 billion settlement to the FTC, including a $1 billion penalty and $1.5 billion in customer refunds, for misleading consumers into Prime sign-ups and complicating cancellations. The company is now legally required to overhaul its Prime system by providing a clear op...
Read More »