US government launches "Time Is Money" initiative to simplify subscription cancellations.

The US government is launching the "Time Is Money" initiative to simplify cancellation processes for unwanted memberships and recurring payments. The Federal Communications Commission is considering requiring easy cancellation for subscriptions, while the Federal Trade Commission's "click to cancel" rule aims to allow customers to end subscriptions as easily as they start them. The government has previously targeted hidden fees and improved customer experiences with airlines and health insurance.

August 17, 2024
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