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.
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