FTC Wants to Make It Easier , to Cancel Subscriptions.<br />CBS News reports that the process of canceling subscriptions is one of the top complaints that the U.S. Federal Trade Commission (FTC) receives. .<br />As a result, the FTC wants to implement a new rule that would force businesses to make it easier to cancel a subscription.<br />For example, if you subscribed to something online, you would be able to unsubscribe just as easily online without having to call customer service.<br />The "click to cancel" provision, if enacted, would fine companies in violation $50,000.<br />The idea here is pretty simple. Companies shouldn't be able to manipulate consumers into paying for subscriptions they don't want, Lina Khan, FTC chair, via statement.<br />This unfortunately is a semi-universal experience <br />for consumers, Lina Khan, FTC chair, via statement.<br />The FTC would also help to recover customers' money that they spent on unwanted subscriptions.<br />The proposal must first go through an open comment period, among other things, but the FTC <br />is confident it can move forward with the rule.<br />We are just doing our job, to protect consumers from unfair practices. We think we are <br />firm legal ground. , Lina Khan, FTC chair, via statement
