Adobe settles DOJ lawsuit for $150 million but denies wrongdoing
Summary
Adobe has reached a $150 million settlement with the U.S. Department of Justice (DOJ) to resolve allegations concerning its subscription cancellation practices. The agreement includes a $75 million payment to the DOJ and $75 million in free services for affected customers. While settling, Adobe maintains it did not engage in any wrongdoing. The company will contact eligible customers for compensation after receiving court approval. The lawsuit centered around concerns that Adobe made it difficult for customers to cancel their subscriptions, leading to unwanted charges. This settlement aims to provide redress for those impacted by these practices and ensure more transparent cancellation processes in the future.
(Source:Moneycontrol)