[Nextgrid]

The only reason they can do that is that most people aren't aware of the rights the card networks give them, so most never bother and just submit to being scammed by the big company. Even on HN, it's disappointing to see how little is known. It's a literal "one weird trick companies don't want you to know" and it works wonders when a company doesn't want to hold up their side of a deal.

If everyone used chargebacks like they should, companies wouldn't be able to get away with this as they'd quickly run out of customers (and if they did, a competitor would quickly appear to take up all those banned customers).