New rules from the US government could soon let Americans more easily cancel free trials and subscriptions they no longer want, according to the Federal Trade Commission
The proposed rule change announced Thursday would apply to vast swaths of the US economy, covering both digital and physical subscriptions. Products subject to the new rule would include gym memberships, digital streaming and e-commerce, cable TV service, traditional print media and more. The FTC regulation could hit some of America’s biggest retailers and online platforms and a huge range of smaller businesses.
At the outset, all companies would be required to provide detailed information to consumers about a subscription’s terms before they could ask for billing details. Currently, the FTC said, there is no uniformity in how businesses present details such as how long a free trial period may last, the final date a customer can cancel a trial without charge, or the frequency of charges.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Federal Reserve out of control: Americans shouldn't have to pay for Wall St-Washington mistakesAfter two years of failed policy from the Federal Reserve, and this month's shocking bank failures, it’s clear we need big change now at the Fed.
Baca lebih lajut »
Iranian Americans mark first Nowruz, Persian New Year since Mahsa Amini protestsBiden speaks during Nowruz 2023, also known as Persian New Year, which was marked with not only celebration, but reflection.
Baca lebih lajut »
New Assessments From Federal Agencies Underscore Harm of GOP Budget CutsFrom mass evictions to education cuts, GOP austerity would impose “irreparable damage” on millions of people.
Baca lebih lajut »
New York Jets trade WR Elijah Moore to Cleveland Browns in NFL draft pick swapThe Jets moved quickly Wednesday to send Elijah Moore packing after bringing in another speedy wide receiver in Mecole Hardman.
Baca lebih lajut »
Why Biden Broke His Promise on DrillingOn today’s What Next, President Biden said on the campaign trail that there’d be no more drilling “period, period, period.” What changed?
Baca lebih lajut »