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StubHub and its CEO Eric Baker are facing a proposed $5-million class-action lawsuit in the US over deceptive practices and ties to mass scalping, following a CBC investigation revealing Baker's hedge fund engages in large-scale ticket resale on the platform.
New York City becomes the first US city to ban deceptive subscription practices, requiring simple cancellation methods and upfront total pricing including all fees, with enforcement starting October 1.
Shutterstock will pay $35 million to settle FTC allegations over deceptive subscription and cancellation practices, including failing to disclose terms and making cancellation difficult.