A federal appeals court has struck down the Federal Trade Commission's 'click-to-cancel' rule, which was designed to make it easier for consumers to cancel unwanted subscriptions online.
The decision comes just days before the rule was set to take effect, sparking frustration among consumers and lawmakers. Democrats are now pushing for new legislation and urging the FTC to find alternative ways to protect consumers from hard-to-cancel subscriptions. Without the rule, Americans are expected to continue wasting hundreds of dollars annually on unused services.
Businesses that rely on subscription models are already accelerating their growth plans in response to the court's decision.
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