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Cake day: June 14th, 2025

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  • An appeals court blocked the rule, and Trump’s FTC had argued in support of it. They haven’t appealed the ruling, though. https://www.businessinsider.com/ftc-blocks-subscription-trap-click-to-cancel-ftc-rule-2025-7

    Trump’s FTC filed a brief in March supporting the negative option and click-to-cancel rule, writing that consumers “face unnecessary obstacles from sellers who force them to endure multiple phone calls, long hold times, and countless automated menus. Studies show that most Americans pay hundreds annually for unwanted subscriptions.”

    FTC’s commissioner Mark Meador took a different tone last week when he wrote in a post on X following the 8th Circuit’s ruling: “The FTC’s click-to-cancel rule, which would have made it much easier for consumers to get rid of unwanted online subscriptions, isn’t going into effect for one reason: the Biden FTC cut corners and didn’t follow the law. Process matters.”

    This suggests that the FTC likely won’t appeal the ruling…


  • The cost is a big turn off for most people. At grocery stores near me, the Impossible and Beyond products are more than double the price of the meat products they are imitating. In part because livestock feed is hugely subsidized by the government.

    If the plant-based meat alternatives could gain efficiency through scale and experience to lower the cost below animal meat, we would see way more people trying them and finding what dishes they work best in, which would feed back into scaled market demand. But I don’t see that kind of explosive growth potential at current price levels.