US FTC sues Shutterstock over subscription plans
Shutterstock, Inc.
Shutterstock, Inc. SSTK | 0.00 |
NEW YORK, May 13 (Reuters) - The U.S. Federal Trade Commission sued Shutterstock SSTK.N on Wednesday, accusing the online provider of stock photography, graphics and videos of misleading consumers about its subscription plans.
In a complaint filed in Manhattan federal court, the FTC said many Shutterstock subscription plans have complicated and onerous terms that the company deceptively presents as simple. It also said Shutterstock makes it too hard to cancel its "annual, paid monthly" plans.
