[iMore.com]

Apple has introduced a new cancellation feature for digital content in several European countries, including the UK, Germany, and France. The new policy allows customers in applicable countries to essentially "return" digital purchases from iTunes, including apps, music, and books, for a refund within 14 days of purchase.

Full story from the iMore Blog...

[HankAZ]

I understand that this was driven by the "consumer protection" arm of the European Union, but this is a horrible move by Apple and the EU. Imagine how many games can be purchased, played/completed and then refunded within 14 days. Same with music and videos. Abuse will be rampant.