NYC becomes first US city to enforce click-to-cancel subscription rule

New York City's click-to-cancel rule has taken effect, requiring businesses to make canceling a subscription as easy as signing up. The city expects $21.5 million to $162.5 million in annual savings for residents, with fines starting at $525 per violation.

• Rule requires canceling a subscription to be as easy as signing up
• NYC expects $21.5M–$162.5M in annual savings for residents
• Businesses face fines starting at $525 per violation
• Complaints go through a new city portal built in 10 weeks