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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FTC has requested a temporary restraining order and a preliminary injunction to stop the Microsoft Activision Blizzard deal.
In the 2022 calendar year, the FTC refunded $392.9 million to more than 1.9 million consumers.
A week after Amazon settles an FTC COPPA case for $25M, Microsoft Xbox settles a COPPA case for $20M.
Amazon agreed to a $30 million settlement with the FTC to resolve two privacy complaints against them for their Ring and Alexa products.
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.

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