FTC Announces "Click-to-Cancel" Rule Making It Easier to Cancel Subscriptions

Re:FTC Announces "Click-to-Cancel" Rule Making It Easier to ... by valval on Thursday October 17, 2024 @04:58PM (#41873722)

Since the people making the innovations and regulations are different, I fear there’s no way to implement regulation that doesn’t lead to suboptimal results.

And to be clear, when I say suboptimal results I mean misery and death in large quantities.

[ Parent | on HN ]

Re:FTC Announces "Click-to-Cancel" Rule Making It Easier to ... by BiteCode_dev on Friday October 18, 2024 @03:37AM (#41877144)

Yes, but the innovators' incentives don't always align with the needs of the people the regulations should protect.

Regulation are a necessary balance, otherwise the innovators become so powerful they eventually concentrate all the power and privilege and make weaker people pay for it.

Chlorofluorocarbons were an innovation for some times, then we needed regulation to save our ozone layer. Industrial wouldn't have stopped using it.

It's a fine line, constantly moving, an nobody will never be perfectly happy about it.

[ Parent | on HN ]