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Submission + - Apple will pay out $32.5M to settle FTC iTunes complaints (networkworld.com)

coondoggie writes: Apple today agreed to pay $32.5 million to settle complaints the Federal Trade Commission said the company billed consumers for millions of dollars of charges incurred by children in kids' mobile apps without their parents' consent. “As alleged in the Commission’s complaint, Apple violated this basic principle by failing to inform parents that, by entering a password, they were permitting a charge for virtual goods or currency to be used by their child in playing a children’s app and at the same time triggering a 15-minute window during which their child could make unlimited additional purchases without further parental action. ....
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Apple will pay out $32.5M to settle FTC iTunes complaints

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A holding company is a thing where you hand an accomplice the goods while the policeman searches you.

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