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FTC’s Chopra Says Tech Isn’t Free When Users Pay With Data

Tech giants are effectively charging users to access their platforms by offering limited privacy protections and asking consumers to turn over their data for targeted advertising, a Democratic member of the Federal Trade Commission told a House antitrust subcommittee.

Verizon Launches New Swipe Fee Suit Against Visa, Mastercard

Verizon Wireless filed a lawsuit in the Eastern District of New York accusing Visa Inc. and Mastercard Inc. of finding additional ways to jack up their “swipe fees” for merchants despite paying up to $6 billion to resolve an antitrust class action over inflated fees.

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