Apple, FTC, Parents Settle In-App Purchase Debacle (CNBC)
Apple reached a settlement with the Federal Trade Commission to provide a minimum of $32.5 million in full consumer refunds for in-app purchases which the FTC and consumers claim were not authorized. There was a loophole in Apple’s billing process, where purchases made within an iPhone or iPad app were made without requiring further authorization for about fifteen minutes after an authorized in-app purchase transaction was conducted. Unscrupulous children used the window to run up bills from a few bucks to thousands of dollars.
