South Korea's FTC investigates Netflix and Wavve for inadequate subscription cancellation term disclosure.

South Korea's antitrust regulator, the Fair Trade Commission (FTC), is investigating major streaming platforms Netflix and Wavve over suspicions of not adequately informing users about early subscription cancellation terms. The FTC has collected documents from the companies' offices in Seoul related to their terms of use and customer response policies on unsubscribing. The investigation aims to uncover any irregularities in the companies' practices and address alleged shortcomings in user communication regarding cancellation policies.

March 18, 2024
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