Tag Archives: FTC

Ticketmaster said that it would limit “everyone and every entity” to only one account, while it is defending its business practices in the wake of a lawsuit filed by the Federal Trade Commission. Responding to a letter from Sen. Marsha Blackburn (R-TN) and Sen. Ben Ray Lujan (D-NM), Live Nation executive vice president Daniel M. Wall wrote that the “emotional …

Ticketmaster unveiled what it says are new measures to stop scalpers by barring users and ticket brokers from making multiple accounts, requiring resellers to use taxpayer ID verification, and using AI tools for “faster assessment and cancellation of bot-purchased tickets,” as a Federal Trade Commission lawsuit filed last month continues that accuses the platform of working with resellers to elevate …

Topline Ticketmaster said it would bar users and ticket brokers from making multiple accounts, require resellers to use taxpayer ID verification and deploy AI tools for “faster assessment and cancellation of bot-purchased tickets” amid a Federal Trade Commission lawsuit accusing the platform of scheming with resellers to jack up prices. The Federal Trade Commission sued Ticketmaster and Live Nation last …

Thanks to a deal struck by Zillow and Redfin in February, renters have had fewer options for browsing apartment listings, and they might not have even realized it. Now the Federal Trade Commission (FTC) is suing the companies, alleging that their partnership violates antitrust laws and calling it “an illegal agreement to dismantle Redfin as a competitor.” Zillow (which runs …

Today, the Federal Trade Commission sued Zillow and Redfin over an unlawful agreement that eliminates Redfin as a competitor in the market for placing advertising of rental housing on internet listing services (ILSs)—the websites that millions of Americans use to find their next rental home. Zillow Group, Inc., and Zillow, Inc., (Zillow) and Redfin Corporation operate two of the nation’s …

Illustration by Real Estate News/Shutterstock The federal agency alleges the real estate giants broke antitrust laws when Zillow paid $100 million to become Redfin’s exclusive multifamily listings provider. The Federal Trade Commission is suing real estate giants Zillow and Redfin, alleging the two illegally conspired to eliminate competition in the rental listings market. In a Sept. 30 complaint, the federal …

Amazon agreed to a whopping $2.5 billion settlement with the Federal Trade Commission (FTC) last week over allegedly “deceptive” practices in signing up users to its paid Amazon Prime subscription service. Out of that settlement, Amazon will pay a $1 billion civil penalty to the U.S. government. The other $1.5 billion? That’s the Consumer Fund, and it’s going to be …

Amazon will refund Prime subscribers in major FTC settlement. How to get yours  Houston Chronicle How to get a refund from the Amazon Prime settlement  The Washington Post Who is eligible for payment in Amazon FTC settlement? How to get a share of the money.  USA Today How to get Amazon Prime settlement refund  Fox Business Amazon to Pay $2.5 Billion in Prime Membership …

In the six-year time frame established in the settlement, anyone who “unsuccessfully attempted” to cancel their Prime subscription online is eligible to get paid up to $51 from Amazon. People who signed up for Prime during that same period can also get up to $51 if they signed up through a “challenged enrollment flow”—a page with a confusing interface that …

Amazon has agreed to pay $2.5 billion to settle a lawsuit from the Federal Trade Commission (FTC) over allegations that it duped users into paying for Prime subscriptions and made it hard to cancel memberships. The company will be required to pay a $1 billion civil penalty and provide $1.5 billion in refunds to an estimated 35 million consumers harmed …