Is Your Wallet Secretly Bleeding? Discover the Shocking Truth About Your Subscriptions Now!
The FTC was set to require businesses to “provide cancellation methods for subscriptions, auto-renewals and free trials that convert to paid memberships that are “at least as easy to use” as the sign up process,” reports Reuters. This would include steps to make sure an online customer did not need to use a chat feature to cancel.
Though the rule was set to go into effect July 14, a U.S. appeals court recently blocked it, stating that the FTC failed to conduct an analysis that looked at all the pros and cons. It’s unknown if it could still be implemented in the future.
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