Bloomberg’s $500,000 Settlement Tests How Far Subscription…
By Rick Steves
Source excerpt · FinanceFeeds
Bloomberg L.P. will pay $500,000 and offer refunds to eligible customers after New York Attorney General Letitia James said the publisher failed to disclose automatic renewals and steep price increases clearly, and made cancellation difficult. The settlement announced by the New York Attorney General’s Office requires changes to Bloomberg.com’s consumer subscription disclosures, consent process an…