New Rule Prevents Companies from Forcing Consumers to Jump Through Hoops to Cancel a Subscription
Washington, DC — Today, the Federal Trade Commission adopted a new “click to cancel” rule requiring businesses like gyms and retailers to make it as easy to cancel a subscription as it was to sign up. Recent polling shows that the “click to cancel” rule is supported by 83 percent of voters. Another recent poll found that 88 percent of Democratic voters support FTC Chair Lina Khan’s efforts to take on corporate price gougers and monopolies.
“When Big Tech and Big Business billionaires attack Lina Khan and the FTC, they are attacking commonsense consumer protections like the ‘click to cancel’ rule,” said Emily Peterson-Cassin, director of corporate power at Demand Progress Education Fund. “On one side, you have Lina Khan and the FTC taking action to stop companies from harassing and confusing consumers into paying for subscriptions they don’t want. On the other side, you have billionaire CEOs trying to stop the FTC’s work to empower consumers.”
Demand Progress Education Fund and Revolving Door Project also recently launched a new website, “Billionaires Against Khan” (https://billionairesagainstkhan.com), to expose the anti-consumer, anti-job and anti-worker efforts of some of the wealthiest individuals in the country.