A click-to-cancel rule could have a serious downside for streaming services’ revenues – but the global momentum for such a rule is growing. A group of US House representatives have introduced the Click to Cancel Act, a two-page bill that would turn the FTC’s overturned regulation into law, in exactly the same form as the FTC set it out last fall. That would allow the rule to get past the regulatory requirements the FTC faces when it makes changes to how businesses operate.
Source: The US’s ‘click-to-cancel’ rule could soon be law. What would that mean for streaming services?