Apple has agreed to settle with FTC over in-app purchase lawsuit

Apple has been negotiating an agreement with the Federal Trade Commission for months in regards to in-app purchases, but a letter from Tim Cook sent to Apple employees on Wednesday indicates that the company has decided to settle. The fight concerned how easy it is for children to make in-app purchases without the oversight of their parents. 9to5Mac has shared the letter from Cook which follows below: Team, I want to let you know that Apple has entered into a consent decree with the U.S. Federal Trade Commission. We have been negotiating with the FTC for several months over disclosures about the in-app purchase feature of the App Store, because younger customers have sometimes been able to make purchases without

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