←back to thread

FTC announces "click-to-cancel" rule making it easier to cancel subscriptions

(www.ftc.gov)
1737 points pseudolus | 1 comments | 16 Oct 24 13:09 UTC | HN request time: 0.205s | source
Show context
alaithea ◴[16 Oct 24 19:43 UTC] No.41863060[source]▶
What are the chances that this will reduce the seeming push, from every VC and Wall Street, for companies to have everyone in the world on a monthly payment plan? I would love to see that trend end. Most people cannot afford to have a monthly subscription with every company they interact with.
replies(1): >>41866260 #
1. DrillShopper ◴[17 Oct 24 03:52 UTC] No.41866260[source]▶
Absolutely zero. Even with compliance with this new rule you are still making more money, all things being equal, on recurring subscription income than just selling something to somebody once and that being it.

Plus if you have recurring subscriptions then you can change the terms of service that nobody reads whenever you want.