FTC to examine freemium games model

The US Federal Trade Commission is looking into reports of children blowing their parents’ credit cards on mobile social games.

The FTC says it’s aware of complaints that in-app payments can allow children to spend money within mobile social games without their parents’ permission, and is looking into the issue.

In a letter to Democrat congressman Ed Markey, who had asked about the problems, FTC chairman Jon Leibowitz reveals that the matter is firmly on its radar.

For the full story, head over to ME.

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