Visa and Mastercard have agreed to pay $30 billion to settle a lawsuit where merchants accused them of charging excessive fees. These fees, known as "swipe fees," are paid by merchants every time a customer uses a credit or debit card. The settlement will reduce these fees for merchants, which may lead to lower prices for consumers.
The FTC has filed a complaint against H&R Block for allegedly misleading consumers about its free tax filing products and wrongfully deleting user data. The FTC claims that H&R Block made false claims, made it difficult for users to downgrade to cheaper products, and committed "data-wipes." H&R Block denies these allegations and emphasizes their value, expertise, and pricing. This action follows the FTC's recent scrutiny of tax filing software providers and highlights alternative free filing options for taxpayers.
