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DOJ Drops Claims That TikTok Misled US Consumers in Lawsuit [Yahoo! Finance]
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forthcoming suit accusing the company of children's privacy violations, according to people familiar with the decision. Most Read from Bloomberg Car Dealerships Across US Halt Services After Cyberattack CDK Tells Car Dealers Their Systems Likely Offline Several Days Putin's Hybrid War Opens a Second Front on NATO's Eastern Border Hedge Fund Talent Schools Are Looking for the Perfect Trader Stocks Show Signs of Buyer Exhaustion After Rally: Markets Wrap The department is preparing to file a consumer protection lawsuit against TikTok later this year on behalf of the US Federal Trade Commission, which investigated the case, according to the people, who asked not to be identified discussing interagency communications. The FTC gave the Justice Department a referral with two parts. The Justice Department plans to drop one part of the complaint alleging that TikTok deceived US consumers by failing to inform them that Beijing-based employees of its parent company, ByteDance, w
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