Intuit wins court ruling against FTC

Intuit has secured a significant legal victory against the Federal Trade Commission (FTC), with an appeals court invalidating restrictions on its "free" TurboTax advertising. The ruling, issued by the conservative-leaning US Court of Appeals for the 5th Circuit, determined that the FTC's attempt to punish Intuit for allegedly deceptive ads violated constitutional separation of powers. Intuit, now operating under a more favorable regulatory environment, celebrated the decision, emphasizing its commitment to transparency. The court's decision shifts the FTC's enforcement actions for such claims to federal courts, potentially altering the standards and processes involved.