Court blocks FTC's "click-to-cancel" rule
CBS America · Recent
CBS America
Recent
A Federal Trade Commission rule that would have made it easier for Americans to cancel unwanted online subscriptions was set to go into effect Monday, but a federal appeals court struck it down last week.
Breakdown
- A federal appeals court blocked the FTC's click-to-cancel rule before it took effect. 4s
- The court cited fatal procedural errors in the FTC's rulemaking process. 29s
- Business groups argued the rule would impose unnecessary regulatory burdens. 1m 4s
- Existing federal and state laws still regulate subscription cancellation practices. 2m 12s
- Consumers can file complaints with businesses, the BBB, state attorneys general, or the FTC. 2m 26s