Keith Schacht’s Weblog

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🔗 The FTC is finally making it easier to cancel (#).

The US Federal Trade Commission is taking action against subscriptions that are difficult to get rid of. On Wednesday, it adopted a final “click-to-cancel” rule requiring businesses to make canceling a subscription as easy as signing up.

This is bad. It’s another small crack in the glory days of web and mobile startups. I’ve had my share of frustrating subscriptions that are hard to cancel, so I’m sympathetic to this. But anyone who has tried to start a retail business is aware of just how difficult it is to navigate a web of regulations to get your store open. Those regulations don’t come all at once, they’re added one “reasonable” regulation at a time, slowly strangling the startup ecosystem.

#permalink 10/18/24, 6:41 pm / regulation, startups