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White House proposes new rules to cancel subscriptions

  • The Federal Trade Commission is expected to finalize a "click to cancel" proposal, making subscription cancellations as easy as sign-ups.
  • The White House notes that businesses often mislead consumers into unwanted subscriptions, such as gym memberships and cosmetics.
  • The White House announced the "Time is Money" initiative to address corporate practices that complicate cancellation processes for consumers.
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  • 75% of the sources are Center
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Forbes broke the news in United States on Monday, August 12, 2024.
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