Industry groups are suing the FTC to stop its click to cancel rule

Three industry groups are suing to prevent the Federal Trade Commission from enforcing its new “Click to Cancel” rule that requires companies to make it easy to cancel subscriptions, according to Reuters. And yes, it’s exactly who you’d expect. Click to cancel expands the Negative Option Rule to forbid businesses from making customers cancel services using a method that differs from how they signed up.

That’s “arbitrary, capricious, and an abuse of discretion,” the Internet and Television Association, Electronic Security Association, and Interactive Advertising Bureau allege in their complaint filed with the US Fifth Circuit Appeals Court today. The groups — many of whose member companies profit from subscriptions that are easy to start and harder to stop — argue that the FTC is trying to “regulate consumer contracts for all companies in all industries and across all sectors of the economy.

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।

Carbon removal industry calls on U.S. government for regulation in new industry reportThe nascent industry for removing carbon dioxide directly from the air is calling on the U.S. government to adopt standards and regulations to boost confidence in the business. On Wednesday the Carbon Removal Alliance also recommended ways to improve monitoring, reporting and verification.
स्रोत: AP - 🏆 728. / 51 और पढो »

Inside That Shocking ‘Industry’ Season Three FinaleShowrunners Konrad Kay and Mickey Down and actor Sagar Radia talk about Rishi’s tragic arc and how it’s changed the show forever
स्रोत: RollingStone - 🏆 483. / 51 और पढो »

Los Angeles' entertainment industry suffers continued losses over past three years, report saysThe film and television industry in Los Angeles, widely heralded as the entertainment capital of the world, suffered substantial economic losses over the past three years, according to an industry report released Wednesday.
स्रोत: CBSLA - 🏆 552. / 51 और पढो »