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Investing.com -- The U.S. Federal Trade Commission (FTC) initiated legal proceedings against Uber Technologies (NYSE:UBER) on Monday, alleging that the ride-hailing company enrolled some users in its Uber One subscription service without their consent and made false claims about the service.
Uber One, which costs $9.99 per month, provides users with discounts on charges related to Uber’s ride-hailing and food delivery applications. However, the FTC’s lawsuit, filed in San Francisco, asserts that Uber inaccurately stated that subscribers would save approximately $25 each month through the service. The company is also accused of misleading users about the simplicity of cancelling the subscription.
FTC Chairman Andrew Ferguson voiced his concerns about the issue, stating, "Americans are tired of getting signed up for unwanted subscriptions that seem impossible to cancel." He further added, "The Trump-Vance FTC is fighting back on behalf of the American people." The legal action underscores the agency’s commitment to protecting consumers from unauthorized and deceptive business practices.
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