Cancellation Terms

I requested the penalty for cancelling a 24 month contract and it appears to be 60% of the outstanding months. <br> <br> I am fully aware that there is always a penalty fee for cancelling the contract prematurely, but I think it is extremely unreasonable for it to be 60% of the remaining months. <br> <br> I was willing to pay up to 30%, but double that is just simply too much. <br> <br> Circumstances change: people move or are forced to cut down on non-essential expenses and this kind of exorbitant penalty makes it very difficult to do so.<br> <br> Is this not somehow controlled by the Consumer Protection Act? <br> <br> I see that there are a lot of people complaining about the same situation. Is this not rather damaging to the company's reputation? <br> <br> I will most probably simply be handed the terms and conditions of the contract that I signed for etc. <br> <br> It doesn't make it less unreasonable, though. <br> <br> Regards