[ad_1]
The Federal Commerce Fee on Thursday proposed provisions that might take away obstacles to canceling subscriptions and recurring funds. The brand new steerage would work to finish the “seemingly by no means ending struggles to cancel undesirable subscription cost plans,” the FTC mentioned in a launch.
“The proposed rule would require that firms make it as simple to cancel a subscription as it’s to enroll in one,” Lina Khan, chair of the FTC, mentioned in an announcement.
Below the rule, firms could be required to let clients cancel a subscription in no extra steps than it took to enroll. They might even be required to get permission earlier than exhibiting extra affords when clients attempt to cancel a subscription and ship annual reminders earlier than automated renewals happen.
The proposed modifications would have wide-ranging utility, from newspapers to health club memberships, but additionally “to all subscription options in all media,” based on an FTC factsheet on the rule (PDF). Subscriptions bought over the cellphone, on the web, in print or in particular person could be regulated. Corporations must enable for cancellation by the identical technique in the identical variety of steps or fewer.
The FTC will probably be accepting public feedback quickly, when a 60-day remark window opens.
[ad_2]