Tuesday, July 31, 2007

Zango Busted By Ben Edelman

Once again, the venerable Ben Edelman has caught the scumbags at Zango doing the things they were told and agreed not to do. The FTC leveled a fine for these
types of practices. Yet it seems the 3 million was not quite enough of a deterrent.

I'd make a 3 million dollar bet the FTC don't do much of anything different. Launch big investigation, make a bunch of press releases, give the illusion that they're gonna do something. And in the end, it all turns out to be smoke and mirrors. Zango pays some minute fine, FTC feels better, Zango laughs all the way to the bank.

Rinse wash and repeat. Read More and Discuss

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