Federal Trade Commission Announces Bipartisan Rule Banning Junk …
Dec 17, 2024 · The FTC estimates that the Junk Fees Rule will save consumers up to 53 million hours per year of wasted time spent searching for the total price for live-event tickets and short-term lodging. This time savings is equivalent to more than $11 billion over the next decade.
FTC Proposes Rule to Ban Junk Fees - Federal Trade Commission
The Federal Trade Commission today announced a new proposed rule to prohibit junk fees, which are hidden and bogus fees that can harm consumers and undercut honest businesses. The FTC has estimated that these fees can cost consumers tens of billions of dollars per year in unexpected costs.
FTC announces final rule banning junk fees on tickets and hotels - NBC News
Dec 17, 2024 · The Federal Trade Commission announced Tuesday that it had finalized a rule that requires businesses to disclose the total price, including fees, for any live event tickets or short-term...
New federal rule bans 'junk fees' on hotels, live-event tickets
Dec 17, 2024 · In a sweeping change that could save American consumers time and money -- the Federal Trade Commission (FTC) on Tuesday finalized a rule that would ban surprise "junk fees" for live event tickets, hotels and vacation rentals.
Hidden ticket fees and vacation rental charges banned in America
Dec 17, 2024 · The Federal Trade Commission announced a final rule banning hotels and ticketing and short-term rental companies from including hidden junk fees in their total price on Tuesday.
New federal rule bans "junk fees" on hotels and live event tickets
Dec 17, 2024 · Ever booked a hotel room for $200 only to be surprised by an extra $40 "resort fee" at checkout? A new Federal Trade Commission rule aims to put a stop to such surprise charges by banning...
FTC cracks down on hidden junk fees in entertainment - USA …
Dec 17, 2024 · The U.S. Federal Trade Commission passed a rule on Tuesday requiring ticket sellers, hotels and vacation rental sites to disclose total prices, including fees upfront, prohibiting them from...
FTC bans hidden junk fees in short-term lodging, live-event ticket ...
Dec 17, 2024 · The agency says the new rule prohibits “bait-and-switch pricing,” and other practices that hide total prices and bury junk fees in the live-event ticketing and short-term lodging...
Getting to the bottom line: The FTC’s bipartisan Junk Fees Rule …
Dec 17, 2024 · We’ve heard it loud and clear from tens of thousands of people: hidden and misleading fees, also known as junk fees, hurt consumers and businesses. Today the FTC announced it is sending to the Federal Register a bipartisan final rule that will target bait-and-switch pricing and other tactics used to hide and misrepresent total prices and fees ...
New FTC rule bans junk fees for tickets, hotels - UPI.com
Dec 17, 2024 · In a political win for the Biden administration, the Federal Trade Commission on Tuesday approved its final policy rule to ban so-called junk fees for tickets and hotels.