FTC announces final rule banning junk fees on tickets and hotels

Consumers are one step closer to saying goodbye to more hidden junk fees for good.

Consumers are one step closer to saying goodbye to more hidden junk fees for good.

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 lodging they offer consumers.

The ruling is meant to prevent bait-and-switch pricing that omits mandatory fees and additional charges from advertised prices, which the agency called "deceptive."

Officials estimated that the rule could save consumers up to 53 million hours of wasted time per year in searching for the total price of tickets and lodging.

“People deserve to know up-front what they’re being asked to pay — without worrying that they’ll later be saddled with mysterious fees that they haven’t budgeted for and can’t avoid,” said FTC Chair Lina Khan in a press release.

https://www.nbcnews.com/business/business-news/ftc-rule-bans-junk-fees-tickets-hotels-rcna184539

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