Adobein America Federal Trade Commission (FTC) And Securities and Exchange Commission (SEC) He shared the assessment documents he had received. The SEC requires companies to provide information about matters that could affect their earnings. These documents state that the FTC is investigating and that the investigations have not yet been completed.
The investigation, which was started because it makes it more difficult to cancel subscriptions, has been running for a year and a half.

in June 2022 Adobe stated that the investigations initiated are continuing and that the reason for the investigation was requests from the public He stated that this was so. of research Problems with canceling membership and closing accounts It was stated that it came from In addition, the company states that its practices are compliant with the law and are currently FTC He stated that they are continuing negotiations with the US. He also underlined that they could be affected financially if they solve this problem.
In March, the FTC ordered companies to: processes for canceling subscriptions Information was given on how to do it. According to this information, companies should use simple cancellation mechanisms and include membership cancellation options when offering different alternatives to canceling memberships. Users should also be asked if they want to see these alternatives. Likewise, subscribers should be notified when it is time to renew their membership.
Another point is the regulations regarding the time of cancellation of subscriptions. Adobe It seems like this is where he’ll have the most trouble. The Adobe subscription can only be canceled within the first 2 weeks of the subscription, otherwise you will be charged subscription fees based on the usage period. Adobe does not have a notification system when membership renewal dates approach, and subscriptions may be terminated without notice. automatically is being renewed.
Follow Webtekno on Threads and don’t miss the news