The Federal Trade Commission (FTC) hasn’t made any friends in the cable or streaming industries with its new “Click to Cancel” rule. The regulation would force companies that provide subscription services to make it easier for customers to cancel their accounts, and now several of the largest groups representing cablers and streaming operators are suing the FTC to try and keep the rule from being enforced.
Key Details: The “Click to Cancel” rule was approved by the FTC in mid-October. The industry groups are calling the rule “arbitrary, capricious, and an abuse of discretion.” Enforcement of the rule could hinge on the outcome of the upcoming election. Sign Up Now $9.99+ / month disneyplus.com
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The FTC’s new “Click to Cancel” rule…