Digital Technology: Subscriptions
The question
To ask the Secretary of State for Business and Trade, if he will make an assessment of the potential impact of section 267 of the Digital Markets, Competition and Consumers Act 2024 on platform fees for digital subscriptions.
Answered by Kate Dearden
The Government has consulted on how refunds should work when consumers exercise their statutory cooling-off rights (Consultation on the implementation of the new subscription contracts regime). We are analysing all the responses, including in relation to digital platform fees and views from the printed news sector.
The impact assessment for the subscriptions chapter in the Digital Markets, Competition and Consumer Act can be found here: Subscription traps: annex 2 impact assessment. Together the subscription measures are anticipated to provide £400m of consumer benefits per year and the estimated net direct cost to businesses is £171m per year. Sector-specific analysis has not been conducted.
Verbatim has judged this answer against the question that was actually asked — answered, partly answered, or evaded. Sign in to see the verdict →