A U.S. appeals court has blocked the Federal Trade Commission's “click-to-cancel” rule that would have required companies to make it as easy to cancel a subscription as it was to sign up.

A federal appeals court vacated the Federal Trade Commission's Click to Cancel rule -- which was to go into effect next week -- on procedural grounds.

The court's decision arrived just days before the rule's implementation. The three-judge panel found that the FTC, under the leadership of former Chair Lina Khan, failed