THE FTC IS INVESTIGATING UBER OVER ITS SUBSCRIPTION SERVICE

Summary from the TLDR Product newsletter

The FTC is investigating Uber One's subscription practices amid concerns over difficult cancellation processes. Part of a broader probe into companies like Amazon and Adobe, this follows the agency's 'click-to-cancel' rule implementation in October. It is a response to increasing consumer complaints about subscription services. U.S. adults spend an average of $91 monthly on subscriptions and 48% report forgetting to cancel trials.