💨 Abstract

Instacart will pay $60 million in refunds after the FTC accused it of deceptive practices, including misleading advertising of free deliveries and hidden fees. The company also failed to clearly disclose membership charges post-free trial. The FTC is investigating Instacart's pricing practices, with a report suggesting potential price manipulation using AI. Instacart denies wrongdoing and claims compliance with laws and industry norms. The settlement allows Instacart to focus on its business amid ongoing scrutiny.

Courtesy: WTOP Staff