Court Throws Out Federal Government’s Lawsuit Over AT&T “Unlimited” Data Plans

Yesterday, the Ninth Circuit agreed with AT&T, ruling that the exemption is status-based, as opposed to activity-based. The court points to the language of the Federal Trade Commission Act, which confers this exemption on generic types of institutions like “banks,” and “Federal credit unions,” without qualification that these sorts of companies must be involved in the activity of banking to enjoy the protection. – Chris Morran, Consumerist