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Genshin Impact’s developer to pay $20 million fine to settle FTC charges
The Federal Trade Commission announced on Friday that Genshin Impact developer Cognosphere has agreed to a $20 million settlement and several restrictions on how it sells its loot boxes and manages children’s personal data.
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” will be “held accountable.”
FTC fines HoYoverse over Genshin Impact’s gacha mechanics
The maker of the video game Genshin Impact has agreed to pay $20 million and to block children under 16 from making in-game purchases without parental consent,” a press relea
Genshin Impact Developer Agrees to $20M Fine Over Loot Box Violations
In press release by the FTC, the agency announced that the makers of Genshin Impact "has agreed to pay $20 million and to block children under 16 from making in-game purchases wit
Genshin Impact developer to pay $20M fine to US Federal Trade Commission over loot box violations
Genshin Impact publisher Cognosphere (which is also called Hoyoverse) is settling a United States Federal Trade Commission lawsuit over selling loot boxes to players under the age of 16. It’ll pay a $20 million fine for allegedly violating U.
9h
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." ...
10h
on MSN
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 ...
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 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.
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 ...
1d
on MSN
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 ...
16h
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 ...
1d
on MSN
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 ...
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 ...
2d
on MSN
UnitedHealth Charged Cancer Patients 5000%, Bombshell FTC Report Claims
The FTC report found that from 2017 to 2022, three PBMs—UnitedHealth Group's Optum, CVS Health's CVS Caremark and Cigna's Express Scripts—marked up prices at their pharmacies by hundreds or thousands ...
The Goshen News
1d
US lawsuit accuses PepsiCo 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 ...
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