FTC Should Probe Video App Zynn’s Business, GOP Senator Says

June 10, 2020, 8:56 PM UTC

The Federal Trade Commission should investigate video sharing app Zynn’s business practices and privacy protection policies, a Republican lawmaker said.

Similar to TikTok, Zynn allows users to upload and share short video clips. But Zynn pays users to watch and share its video content, Sen. Josh Hawley (R-Mo.) wrote Wednesday in a letter to the FTC commissioners. Users can get paid larger payments by referring others to use the app, he said.

“On its face, this smacks of a textbook predatory-pricing scheme, one calculated to attain immediate market dominance for Zynn by driving competitors out of the market,” said Hawley, ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.