An article summarized by The Guardian:
New York City has approved a new consumer protection rule that will take effect on October 1st, requiring businesses to make it easy for customers to cancel subscriptions such as gym memberships and streaming services. Companies that use deceptive cancellation practices could face fines of $525 per affected subscription, along with refunds and additional penalties. The city estimates the rule could save New Yorkers more than $160 million annually.
The city is also proposing a first-in-the-nation rule requiring businesses to advertise the full price of goods and services upfront, including all mandatory fees. The measure would target so-called "junk fees" on apartments, hotels, sporting events, and other purchases. For renters, mandatory charges would have to be included in the advertised monthly rent, making housing costs more transparent and preventing companies from hiding the true price.
The initiatives are part of Mayor Zohran Mamdani's broader effort to reduce living costs and crack down on what city officials describe as deceptive business practices. While consumer advocates have praised similar measures, business groups have opposed them, arguing they interfere with pricing decisions. The proposed junk fee rule will now undergo a public comment period and hearing before it can be finalized, with city officials aiming to implement it by the end of the year.
