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574 points gausswho | 2 comments | | HN request time: 0.421s | source
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John23832 ◴[] No.44509670[source]
What consumer does this serve at all? What citizen does this serve at all?

This only serves to allow firms to erect effort barriers to keep rent seeking fro their customers. The "gotcha" that the Khan FTC didn't "follow the rules making process" is parallel construction.

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caesil ◴[] No.44510834[source]
If you actually bother to click through and read the article, you'd find the court expressed sympathies with the intent of the rule, but the FTC "is required to conduct a preliminary regulatory analysis when a rule has an estimated annual economic effect of $100 million or more", and they did not do that.

The blame here belongs to the FTC for its rushed and sloppy process that put the rule on shaky ground legally.

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1. fumeux_fume ◴[] No.44511297[source]
This is a pretty narrow view. A lot of businesses--whose bread and butter (well maybe just the butter) is keeping people locked into subscriptions they don't want--put a large effort in challenging this rule. They would have fought it like hell during the "analysis" which would have stretched into the Trump presidency were it would surely would have been killed. Even if the analysis had been completed, it's likely the courts would have struck it down for overreach (like Dept of Education's student loan forgiveness). It died because a lot business interests are opposed to it.
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2. pessimizer ◴[] No.44511412[source]
I don't know what you mean by "narrow" here. It sounds like you're saying that they did it at the last minute, and failed to finish. But you're saying that since the next administration would "surely" never do click to cancel, that somehow should immunize the FTC from following their own regulations? The next administration was elected.

The reason they have to do studies is so they can't rush things through. We don't want them to be able to rush things through. They're creating law.