Regulators across the world intend to protect consumers from subscription traps. Photo by Pexels. PC Mag reports that The UK's Competition and Markets Authority (CMA) "introduced a new bill that will make it easier for the agency to crack down on fake reviews and subscription traps, the latter of which it says costs folks £1.6 billion [$2 billion] a year". The UK's Competition and Markets Authority (CMA) will be able to take decisive action to tackle rip-offs like subscription traps which cost consumers about $2 billion a year. At the same time, the Australian consumer watchdog, Australian Competition and Consumer Commission (ACCC) asks for more power to protect consumers from subscription strangleholds. The Sydney Morning Herald cites ACCC chair Gina Cass-Gottlieb: " Everyone calls it a subscription trap. The terms and conditions say you can unsubscribe, but the practice of it is almost impossible or bordering on impossible to do.” Indeed, it is about time f
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