The Federal Trade Commission has finalized its "Click to Cancel" rule, making it easier for consumers to cancel subscriptions.
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00:00Are you sick and tired of jumping through hoops just to cancel a simple online subscription?
00:06Well, you're in luck.
00:07The Federal Trade Commission has finalized its click-to-cancel rule,
00:12set to take effect by the end of the year,
00:14making it easier for consumers to cancel subscriptions.
00:18This change aims to reduce the pressure of signing up for subscriptions
00:22and allows for hassle-free cancellations.
00:25The rule specifically targets what's called negative option marketing,
00:28where companies interpret a lack of explicit decline as consent,
00:32protecting the consumers for misleading practices and financial risks.