Hank: making subscriptions hard to cancel will soon be illegal (2024)
prediction · status: unresolved · last event: predicted (2024-08-09) · owner: Hank
About: Click-to-cancel rule, California Automatic Renewal Law
| date | event | what | video |
|---|---|---|---|
| 2024-08-09 | predicted | Hank says the good news is that hard-to-cancel subscriptions probably won't last much longer. (hedged) | Why isn't This Illegal? 00:02:50 |
What is said about it
4 statements, by date (the events above are the turns of the thread; these are the details).
- 2024-08-09 · Why isn't This Illegal? — Hank says California has passed a law making this illegal, so most companies have a special, easier cancellation page for Californians. — 00:02:50
- 2024-08-09 · Why isn't This Illegal? — Hank says the FTC, the part of the US government that protects consumers, has proposed a rule change that will make this illegal. — 00:03:20
- 2024-08-09 · Why isn't This Illegal? — Hank says the rule became possible when Joe Biden nominated Lina Khan, widely seen as very pro-consumer in a way that has angered big businesses. — 00:03:49
- 2024-08-09 · Why isn't This Illegal? — Hank says the cancellation rule is not yet in effect, and businesses will argue against it at an upcoming meeting. — 00:03:49