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When the offer (say, 8 dollars for the first party and 2 dollars for the second party) is accepted, the parties get the respective payments. When the offer is rejected, both parties get zero. Cooling-off periods can reduce the rejection rates of unfair offers when the parties perceive the stakes to be large. [6]
"The FTC's rule will end these tricks and traps, saving Americans time and money. Nobody should be stuck paying for a service they no longer want." FTC commissioners passed the final rule on a 3-2 ...
The Federal Trade Commission is taking steps to make it easier for consumers to cancel digital subscriptions. The department will soon implement a “final click to cancel rule,” it announced ...
The FTC has finalized a "click-to-cancel" rule that requires sellers to make it as easy to cancel a subscription as it was to sign up, in an effort to protect consumers from unfair or deceptive ...
In September 2019, YouTube was fined $170 million by the FTC for collecting personal information from minors under the age of 13 (in particular, viewing history) without parental consent, in order to allow channel operators to serve targeted advertising on their videos. In particular, the FTC ruled that YouTube was partly liable under COPPA, as ...
The FTC identified three types of enforcement measures: self-regulation by the information collectors or an appointed regulatory body; private remedies that give civil causes of action for individuals whose information has been misused to sue violators; and government enforcement that can include civil and criminal penalties levied by the ...
MORE: FTC ban on worker noncompete agreements blocked by federal judge. Under the so-called "click-to-cancel" rule, if customers decide to enroll in a subscription online or through an app in one ...
The CCFC filed an FTC complaint over YouTube Kids shortly after its release, citing examples of inappropriate videos that were accessible via the app's search tool (such as those related to wine in their testing), and the Recommended page eventually using search history to surface such videos. YouTube defended the criticism, stating that it was ...