
The Federal Trade Commission (FTC) has announced new regulations aimed at enhancing consumer transparency by requiring companies to disclose up-front pricing for services such as vacation rentals, hotels, and event tickets. This bipartisan initiative is designed to eliminate hidden fees, particularly targeting 'junk fees' associated with hotel bookings and concert tickets. The FTC's final rule is seen as a victory for consumers, ensuring they have clear information about costs without unexpected charges appearing at the end of transactions. However, it has been noted that the new regulations may not address issues faced by truckers regarding predatory towing practices.
#WorthReading https://t.co/OX3YxBDohh US FTC Bans Hidden Hotel Junk Fees (Resort & Destination Fees)
Great news, the @FTC announced a bipartisan ban on hidden junk fees to ensure consumers have all the necessary pricing information for hotel bookings and event tickets. Consumers must know exactly what they are paying for, with no surprises whacked on at the end.…
Great news, the @FTC announced a bipartisan ban on hidden junk fees to ensure consumers have all the necessary pricing information for hotel bookings and event tickets. Consumers must know exactly what they are paying for, with no surprises whacked on at the end.Upload w/…