Internet Advertising Company Settles with FTC

The Federal Trade Commission announced that it has barred Chitika, an online advertiser, from misleading consumers about its privacy policy. The company allows Internet users to opt out of being monitored online when they clicked on ads that Chitika places on websites. But the FTC found that from May 2008 to February 2010, the promised opt-outs lasted only ten days, instead of the promised 10 years.