💨 Abstract

Subscription-based models are popular, with the average U.S. subscriber having 4.5 subscriptions costing $77 monthly. However, consumers often find themselves paying for unwanted subscriptions due to "negative option" programs and complex cancellation processes. The FTC attempted to modernize its 1973 Negative Option Rule to make canceling subscriptions as easy as signing up, but a court vacated the rule due to procedural errors.

Courtesy: WTOP Staff