Apple Pays $32.5M To Settle FTC Suit Over Kids' App Buys

Law360, New York (January 15, 2014, 2:32 PM EST) -- The Federal Trade Commission has extracted a $32.5 million settlement from Apple Inc. for allegedly letting children rack up charges without their parents’ consent on mobile applications downloaded through the App Store, the FTC said Wednesday.

In an administrative complaint, the FTC took issue with a feature of the App Store's billing mechanism that provided a 15-minute period in which children could make unlimited in-app purchases of virtual goods or currency after a parent had authorized an initial transaction.

Parents were required to input their iTunes...
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