FTC Archives - CG SHARES

Genshin Impact Dev Fined $20M By FTC For Its Loot Box Mechanics

MiHoYoThe US Federal Trade Commission (FTC) has announced that the developer of the popular game Genshin Impact, HoYoverse, needs to pay $20 million to settle charges of selling loot boxes…

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January 20, 2025

80 Level

Meta Will Face FTC in Battle over Instagram & WhatsApp Acquisitions

AlexandraPopova/ShutterstockMeta will have to face the Federal Trade Commission in court over the antitrust lawsuit that accuses it of acquiring Instagram and WhatsApp to dominate the social media industry and…

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November 14, 2024