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The FTC said it is in the process of sending a first round of payments, with additional refunds expected at a later date. So far, there are a total of 629,344 total payments. So far, there are a ...
First, go to the FTC site to fill out the official refund form. You’ll need to have either a previously obtained claim number or your Epic Account ID and must be located in the U.S.
The average refund is about $114, the FTC noted. This first round of payments amounts to a total of more than $72 million, according to the agency — leaving about $173 million left to be ...
The FTC was established in 1914 by the Federal Trade Commission Act, which was passed in response to the 19th-century monopolistic trust crisis. Since its inception, the FTC has enforced the provisions of the Clayton Act , a key U.S. antitrust statute, as well as the provisions of the FTC Act, 15 U.S.C. § 41 et seq.
Epic Games agreed to pay $245 million in refunds to Fortnite players who federal regulators say were "tricked" into making unwanted in-game purchases.
The vast majority of FTC members have been individuals with legal backgrounds, with notable exceptions. President Ronald Reagan appointed the first two professional economists, James C. Miller III [ 54 ] and George W. Douglas , [ 55 ] to serve on the body.
More than 600,000 players Fortnite will start to receive refunds after federal regulators said Epic Games “tricked” people into making unwanted purchases.
For example, in 2014, the FTC settled with Apple over allegations that the company allowed children to make unauthorized in-app purchases without their parents' consent. As part of the settlement, Apple agreed to refund a minimum of $32.5 million to affected consumers that were billed for in-app purchases incurred by children.