FTC Sending Out First Round of Epic Games Refunds Totaling $72 Million
The FTC will soon deliver payments totaling in more than $72 million to gamers it says were “tricked” by Fortnite developer Epic Games – and more is on the way.
Game Review Bombing Could Be Targeted by New FTC Rule
Companies might be forced to address video game review bombing following a new set of rules established by the U.S. Federal Trade Commission (FTC). The ruling targets “fake” online reviews…
FTC passed a Click to Cancel rule requiring businesses to make subscription cancelation easier
The new set of rules will go into effect in 180 days, with some beginning as soon as 60 days after publication in the Federal Register.
Canceling PS Plus Will Be Easier Under New FTC Rule
The Federal Trade Commission has signed off on a “click-to-cancel” rule which requires subscription providers to simplify the unsubscribing process. This means PlayStation players will no longer have to jump…
GameStop (GME) CEO Ryan Cohen fined $985,320 penalty in FTC antitrust law violation settlement
Cohen failed to file a HSR form and wait before completing the acquisition of 562,000 Wells Fargo shares.
The FTC Pushes Back Against Xbox Game Pass Price Increases
Last week, Xbox announced it was introducing new Game Pass tiers and raising its subscription prices for existing members on September 12. The Federal Trade Comission (FTC) took issue with…
Game Pass Price Hike Criticized by FTC in Case Against Activision Merger
The U.S. Federal Trade Commission (FTC) has blasted Game Pass price hike in a new letter arguing against Microsoft’s purchase of Activision Blizzard. The FTC’s appeal against the merger is…
FTC Takes Aim At Microsoft For Xbox Game Pass Changes
Earlier this month, Microsoft unveiled the new Xbox Game Pass tiers, while raising the prices and taking away day-one releases, cloud gaming, and more features from the lowest subscription plan.…
FTC has voted to ban noncompete clauses
The ban will be retroactive except for executives earning over a certain threshold and is expected to begin 120 days after being published in the Federal Register.
Activision Blizzard Layoffs Are Proof Microsoft Misled Court, FTC Argues
The U.S. Federal Trade Commission (FTC) has written to the 9th Circuit Court of Appeals, taking issue with Microsoft‘s recent layoffs across Activision Blizzard. The FTC argued that Microsoft misled…