Regulation and Compliance

From subscription offers, free trials, special promotions, marketing copy, auto-renewal notification, consumer privacy, financial reporting, payment processes, and more – there are a lot of laws that subscription, membership, and recurring-revenue companies need to understand and comply with.

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After the UK’s Competition & Markets Authority forced a sale, Meta sold GIPHY to Shutterstock for $53M.
In the latest Legal Insider, Marc Roth of Cobalt law shares updates on auto-renewal legislations from the first quarter of 2023.
TikTok parent ByteDance is suing the state to reverse the TikTok ban which would take effect Jan. 1, 2024.
Meta has been fined $1.3B for violating GDPR in how it transferred user data from the EU to the US. Meta is appealing.
This week the governor of Montana signed a law to ban TikTok from the state, the most significant ban to date. When will TikTok hit
The European Commission approves Microsoft’s $69B deal to buy Activision Blizzard, provided Microsoft follows through on proposed remedies to address the Commission’s concerns.
TurboTax parent Intuit will pay $141 million to settlement claims it deceived consumers, making them pay to file taxes when they were eligible for free
Four months in, and we’ve got a regulatory roundup to keep you up to date on the latest regulation and compliance news.
The FTC is mailing checks to over 41,000 consumers, totaling $1.1M, to settle a fraudulent ‘free trial’ scheme.
Yesterday, the UK’s Competition and Markets Authority issued a final ruling, rejecting Microsoft’s proposed $69B deal with Activision Blizzard.

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