Tag

Negative Option Rule

All articles tagged with #negative option rule

FTC proposes 'Click to Cancel' rule to simplify subscription cancellations.
business2 years ago

FTC proposes 'Click to Cancel' rule to simplify subscription cancellations.

The Federal Trade Commission has proposed a new rule that would make it easier for consumers to cancel recurring subscriptions. The proposed click-to-cancel provision would require companies to simplify the cancellation process by allowing consumers to terminate services the same way they signed up for them. The proposal would also require sellers to ask consumers who are canceling their subscriptions if they want to hear about other offers before pitching them, and provide consumers with annual reminders of their subscriptions before automatically renewing them. The public will be able to submit comments on the latest proposal over a 60-day period once it is published in the Federal Register.