New York City enforces click-to-cancel for subscriptions
New York City now requires companies to let you cancel subscriptions as easily as you sign up—online, if that's how you started. The rule, in force Thursday, covers things like streaming services and gyms and carries fines starting at $525 per violation. The city built a website in 10 weeks where you can report businesses that make cancellation harder than signup. Officials estimate residents could save up to $162.5 million per year.
- Rule forces equal ease for signup and cancellation
- Covers all digital and in-person subscriptions
- Fines for noncompliance start at $525 each case
- Consumers can report violators on a new city website
- Projected yearly savings up to $162.5 million
Sources covering this
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