Stay updated with breaking news from Option Rule. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The Federal Trade Commission wants to make it easier to cancel subscriptions anywhere on the web, easing the burden on customers who may not wish to use a service anymore.
The Federal Trade Commission (FTC) on Thursday announced it has proposed a “click to cancel” provision requiring sellers to make it as easy for consumers to cancel their enrollment as it was to sign up.
Under a newly proposed “click to cancel" rule, the FTC wants to make canceling that monthly subscription plan as easy as it was to sign up.
The FTC wants to force companies to vastly simplify their membership and subscription cancellation steps.
"The proposed rule would require that companies make it as easy to cancel a subscription as it is to sign up for one," said FTC Chair Lina M. Khan.