Instacart agrees to $60M consumer refunds after FTC accuses company of hidden fees and forced subscriptions [FOX Business Network]
Maplebear Inc. (CART)
US:NASDAQ Investor Relations:
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Source: FOX Business Network
Grocery delivery giant Instacart will pay $60 million in consumer refunds under a settlement with the Federal Trade Commission (FTC) after the agency accused the company of misleading shoppers and driving up grocery costs for Americans. The FTC alleged Thursday that Instacart falsely advertised free delivery on first orders, implied full refunds that were not provided, and enrolled consumers in paid subscriptions without clear consent — claims the company disputes. "Instacart misled consumers by advertising free delivery services — and then charging consumers to have groceries delivered — and failing to disclose to consumers that signed up for a free trial that they would be automatically enrolled into its subscription program," Christopher Mufarrige, director of the FTC's Bureau of Consumer Protection, said in a statement. Regulators allege Instacart promoted "free delivery" while charging mandatory service fees — sometimes as high as 15% of an order — without clearly disclosi
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CART
News
- Instacart to pay $60M in settlement of FTC lawsuit [Yahoo! Finance]Yahoo! Finance
- Instacart to pay $60 million in consumer refunds to settle FTC lawsuit [USA TODAY]USA TODAY
- Update: Market Chatter: Instacart Says Settlement Reached With FTC Over Dynamic Pricing Platform Probe [Yahoo! Finance]Yahoo! Finance
- FTC reaches settlement with Instacart over alleged deceptive practices [CBS News]CBS News
- Wall Street Breakfast Podcast: TikTok's U.S. Survival Plan Is Locked In [Seeking Alpha]Seeking Alpha
CART
Earnings
- 11/11/25 - Beat
CART
Sec Filings
- 12/15/25 - Form 144
- 11/25/25 - Form 8-K
- 11/25/25 - Form 4
- CART's page on the SEC website