The Federal Trade Commission filed a lawsuit against Uber on Monday over deceptive billing and cancellation practices tied to its Uber One subscription service, according to CNBC. The FTC alleges that Uber violated federal consumer protection laws by misleading users about subscription benefits, charging without consent, and making cancellations unnecessarily difficult. The lawsuit marks the first major tech enforcement action under President Trump’s second term, with FTC Chair Andrew Ferguson pledging to hold Big Tech accountable. Uber denies the allegations, claiming its sign-up and cancellation processes are transparent and easy to navigate.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02The Federal Trade Commission filed a lawsuit against Uber on Monday over deceptive billing
00:06and cancellation practices tied to its Uber One subscription service, that according to CNBC.
00:12The embassy alleges that Uber violated federal consumer protection laws
00:15by misleading users about subscription benefits, charging without consent,
00:19and making cancellations unnecessarily difficult.
00:22The lawsuit marks the first major tech enforcement action under President Trump's second term,
00:27with FTC Chair Andrew Ferguson pledging to hold big tech accountable.
00:32Uber denies the allegations, claiming its sign-up and cancellation processes
00:35are transparent and easy to navigate.
00:37For all things money, visit Benzinga.com slash GSTV.