A federal appeals court blocked the Federal Trade Commission's efforts to make cancelling memberships easier. Adam J. Levitin, a Georgetown Law professor, joins CBS News with more.
Breakdown
- A federal appeals court blocked the FTC's 'click-to-cancel' rule for subscriptions. 24s
- The court cited the FTC's lack of a cost-benefit analysis as the reason for blocking the rule. 54s
- Current cancellation rules vary by state, with some states having specific regulations. 1m 12s
- The FTC is suing LA Fitness for allegedly making membership cancellations difficult. 3s
- LA Fitness requires customers to print a form and submit it in person or by mail to cancel. 1m 45s