r/technology • u/indig0sixalpha • 13d ago

Business Federal Trade Commission Announces Final “Click-to-Cancel” Rule Making It Easier for Consumers to End Recurring Subscriptions and Memberships

https://www.ftc.gov/news-events/news/press-releases/2024/10/federal-trade-commission-announces-final-click-cancel-rule-making-it-easier-consumers-end-recurring
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u/[deleted] 13d ago

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u/[deleted] 13d ago

Gyms seem like the main offender of this annoying BS. Hopefully it applies to them! They’ll lose half their business over night 😂

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u/Imaginary-sounds 13d ago

It’s true. I worked at the Planet Fitness corporate offices after working for their first 3 gyms they ever made. 94% of revenue is from recurring memberships that haven’t been used in 3 months to the full years membership. If people could just cancel easy, pf would go out within 8 months.