Loading...
Market
How will Adobe respond to the FTC and DOJ lawsuit by December 31, 2024?
5
Resolution / Starting Odds
Settlement with FTC and DOJ • 33%
Court fight until verdict • 33%
Major policy changes announced unilaterally • 33%
Official Adobe announcements or news reports
Story
FTC and DOJ Sue Adobe Over Hidden Fees and Subscription Practices
Jun 17, 2024, 05:01 PM
The U.S. government has filed a lawsuit against Adobe, accusing the software company of violating consumer protection laws. The lawsuit, initiated by the Federal Trade Commission (FTC) and the Department of Justice (DOJ), alleges that Adobe enrolled consumers in its most lucrative subscription plans without clearly disclosing important terms. Additionally, Adobe is accused of hiding fees and making it difficult for consumers to cancel their subscriptions. The FTC claims that Adobe's practices harm consumers by charging hidden fees and imposing numerous cancellation hurdles. The lawsuit specifically mentions Adobe's popular products, Photoshop and Acrobat. The complaint, filed on Monday, highlights that the hidden fees can reach hundreds of dollars. Adobe has stated that it will refute the FTC's claims in court, asserting that it is transparent with its terms and conditions and has a simple cancellation process.
View original story
Similar markets
CEO steps down • 33%
COO steps down • 33%
No executive changes • 33%
Google appeals • 25%
Google complies without appeal • 25%
Google settles post-ruling • 25%
Google restructures voluntarily • 25%
Agrees to sell Chrome • 25%
Agrees to unbundle Android • 25%
Offers a settlement • 25%
Fights all demands • 25%
Comply fully • 25%
Partially comply • 25%
Challenge legally • 25%
No response • 25%
Break up Google • 25%
Impose fines • 25%
Regulate Google's business practices • 25%
No action • 25%
