Tagged #FTC

Jul 11 AT 1:20 PM Dima Aryeh 2 Comments

Amazon sued by FTC for lack of safeguards against unauthorized purchases in Appstore

You’ve probably heard of Apple’s trouble with App Store billing. Kids have purchased hundreds or even thousands of dollars worth of apps and in-app purchases trying to play those pesky pay-to-play games. This resulted in the FTC forcing Apple into making some changes to the billing process, making it more resistant to unauthorized purchases.

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Mar 15 AT 3:48 PM Edgar Cervantes 25 Comments

Major Korean manufacturers and carriers fined $40 million for illegal price rigging and fraud

Popular Korean manufacturers and carriers have found themselves in a bit of trouble with the authorities. The affected companies include Samsung, Pantech, LG, LG Upius, KT and SK Telecom. Some of these are major world-wide players. And the Korean government, along with the FTC, has fined them with a 45.3 billion won (about $40.1 million ... Read More »

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