NYC To Become First In US To Ban Deceptive Subscription Practices (theguardian.com)
- Reference: 0184396392
- News link: https://news.slashdot.org/story/26/07/10/1940229/nyc-to-become-first-in-us-to-ban-deceptive-subscription-practices
- Source link: https://www.theguardian.com/us-news/2026/jul/10/new-york-city-deceptive-subscriptions-ban
> "People shouldn't have to wait on hold for half an hour or send a certified letter or show up to a store in person in order to cancel" a subscription, said Samuel AA Levine, the city's commissioner of consumer and worker protection, in an interview. The new measures are expected to be announced in a press conference on Friday morning.
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> The proposed fee rule could have an especially wide impact, sending ripples through New York's expensive housing market, where about 70% of residents rent. Apartment renters in the US face a rising tide of add-on fees such as "boiler management" and "lifestyle" charges from management companies, which make true rental costs hundreds of dollars higher than the price stated on real-estate company websites.
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> If the proposed renters rule passes after public comment and hearing, any mandatory fees, including annual ones, would need to be included in the stated monthly rental price, Levine said. The current situation creates "a scenario where rather than competing on price, companies are competing on their ability to hide the true price. That's the worst kind of incentive" -- and one that deeply distorts the market, Levine said.
[1] https://www.theguardian.com/us-news/2026/jul/10/new-york-city-deceptive-subscriptions-ban
Interesting (Score:5, Insightful)
So it turns out politicians can pass legislation that helps people.
Re: (Score:2)
Finally a real populist.
He sure is getting MAGA panties in bunches.
It's too bad... (Score:3)
...that it's just New York City. Hopefully the idea will spread.
Laissez faire capitalism is great if everyone is honest. But in this reality there are a lot of incredibly dishonest people who will do anything for a buck. A modicum of base regulation is desirable to keep consumers from getting swindled at every turn. I applaud efforts like these.
Sounds good (Score:3)
so why just NYC? How about for all of the US? Oh, wait. elections have consequences.
More people should probably feel worse... (Score:2)
It is definitely a good sign that you need to go with professed 'socialists' just to get some honest price signals in your market economy. Failure to enforce those is among the most fundamental failings one could imagine; yet here we are.
Didn't The FTC Do This Two years ago? (Score:2, Troll)
[1]https://www.ftc.gov/news-event... [ftc.gov]
What does NYC add that isn't already present?
[1] 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
Re:Didn't The FTC Do This Two years ago? (Score:5, Informative)
> [1]https://www.ftc.gov/news-event... [ftc.gov]
> What does NYC add that isn't already present?
The FTC's rule was struck down by the courts, and the current administration is apparently disinclined to continue to pursue deception advertising and to force click-to-cancel requirements.
[1] 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
Re: (Score:2)
Besides this, the NYC rule seems to cover rental agreements, which the FTC rule did not cover, to my knowledge.
Re: (Score:2)
Also to be extra clear the 8th circuit struck it down for procedure, the FTC was supposed to have done a certain type of economic impact analysis for the rule and it could not go into effect before that happened. The court did not actually make a ruling on the rule itself and in fact were sympathetic to what the law was trying to do.
The FTC can re-implement the rule after that analysis is complete and it can go through the process after that but with the current admin they have chosen not to and generally
Re: (Score:1, Troll)
Republicans gutted all authority from federal agencies because it made the mega corps unhappy.