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New FTC rule aims to simplify subscription cancellations

Sep 3, 2024
Firms that sell subscriptions can count on significant revenue boosts from consumer spaciness. It helps if customers have to jump through hoops once they realize they’re shelling out for a product they don’t need. 
The FTC rule should be finalized soon, but many firms have already gotten in the habit of offering clear disclosures and easy cancellation. 
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FTC chair on regulating AI and "taking on some of the biggest, most powerful companies in our economy"

"We need to make sure the market knows that there is no exemption for AI," says Lina Khan of the Federal Trade Commission.
"Companies that are creating these tools [AI] need to be on notice," says FTC Chair Lina Khan.
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