FTC Finalizes Rule Banning Hidden Fees for Hotels, Vacation Rentals and Live Event Tickets
- The Federal Trade Commission has finalized a rule banning hidden junk fees for hotels, vacation rentals, and live event tickets, announced on Tuesday.
- The new rule ensures that pricing information is presented transparently before consumers agree to pay, preventing surprise fees at checkout.
- The FTC will impose financial penalties on companies that fail to disclose their full price upfront to consumers.
- The rule is expected to save U.S. consumers 53 million hours per year searching for true prices of lodging or events.
162 Articles
162 Articles
FTC final rule aims to tackle deceptive fees
The Federal Trade Commission has issued a final rule to prohibit deceptive fees for event tickets and short-term lodging. Although the rule is expected to protect consumers from bait-and-switch tactics related to the total price of such things as concert tickets and hotel stays, its scope is limited compared to the FTC’s original proposal. In November 2023, the FTC issued a notice of proposed rulemaking to prohibit unfair or deceptive practices …
FTC Bans Hidden 'Junk' Fees For Hotels, Concerts, Sports... But Spares Other Industries - Nemos News Network
The Federal Trade Commission (FTC) on Tuesday unveiled a new set of rules outlawing the practice of hiding so-called “junk fees” from consumers until the end of the purchase process. However, the long-awaited rules have a relatively narrow scope: They only encompass live event tickets, hotels and vacation rentals — sparing airlines, auto dealers and […]
Trump FTC pick casts lone no vote on rule banning deceptive junk fees
President-elect Donald Trump's pick to lead the Federal Trade Commission cast the lone no vote Tuesday against a newly finalized rule banning deceptive junk fees in live-event ticketing and short-term lodging.The rule, according to an FTC release, "targets specific and widespread unfair and deceptive pricing practices in the sale of live-event tickets and short-term lodging, while preserving flexibility for businesses.""It does not prohibit any …
FTC Bans Hidden Fees on Tickets, Short-Term Stays
Companies from Ticketmaster to Airbnb will be forced to post total prices charged to consumers, including all fees, under a new FTC rule against "junk fees." The Federal Trade Commission announced Tuesday that it has finalized a rule requiring businesses to prominently display the total price for live event tickets...
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