Summary
The FTC has finalized a rule banning “junk fees” for hotels, live-event tickets, and vacation rentals, requiring businesses to disclose total prices upfront.
Set to take effect in April 2025, the rule could save consumers 53 million hours and $11 billion over a decade by eliminating surprise charges like “resort fees” at checkout.
While business groups, like the U.S. Chamber of Commerce, oppose the rule as overregulation, FTC Chair Lina Khan asserts its legality and bipartisan support.
The rule aligns with the Biden administration’s broader efforts to lower costs amid ongoing inflation.
All this good stuff for Americans and 80M Americans be like: No.
Enjoy this for the next two or three months.
The U.S. Chamber of Commerce has opposed the rule, calling it “nothing more than an attempt to micromanage businesses’ pricing structures, often undermining businesses’ ability to give consumers options at different price points.”
Oh bullshit - if every “option” costs the same after adding hidden mandatory fees, then you’re not providing “price points”, you’re just straight up deceiving the customer!
Nobody has ever looked at hidden fees and thought they benefited from their existence.
