Share on StockTwits

Google will refund $19 million of in-app purchases as part of a settlement over a Federal Trade Commission complaint regarding in-app purchases made by children. Google will also change its billing practices, ensuring that it gets express, informed consent before charging an account. The settlement marks the second successful effort by the FTC to attain reimbursement for mobile purchases made by people other than the authorized account holder — usually children playing games and unaware that they are spending money.



“Google To Refund $19 Million Of Children’s In-App Purchases” is categorized as “science and technology”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the top of this page.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.