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There isn't a law that I'm aware of, but typically the ad needs to be un-skippable/seek-able, which means there will always be some indication to the video player of what the user can skip or fast forward through.
That doesn't mean Google couldn't just make fast forwarding/seeking a premium feature, but they'd lose a lot of user appeal if they did so they probably wouldn't do that
Germany has this law, sponsored segments must be clearly labelled. But one could just hash the ad anyways or just try to fast forward and if it doesn't work and it would be the ad.
I was thinking about this. Can we crowd source add hash markers, in a similar way to how Sponsor Block opperates but with hashes instead of time stamps?
It would be pretty trivial for YouTube to change the hashes at random. Might require a clever caching workaround on their end but it's totally possible to just flip a few bits before serving it.
Even if they do this, I wouldn't be averse to a less on demand version of youtube. 3rd party apps will let you load a number of videos for later viewing. Would probably help me consume media more responsibly and youtube has to deal with the additional resources needed to serve all the videos I didn't wind up watching after all.