A final rule banning “junk fees” for live event tickets and hotels was announced by the Federal Trade Commission on Monday.
Fox 5 Atlanta shared the report:
The Brief
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- A “Junk Fees Rule” is being implemented to avoid misleading pricing methods for live event tickets and hotel stays.
- The Federal Trade Commission says the new rule helps consumers compare prices and make informed decisions when purchasing these services.
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What is the “Junk Fees Rule”?
Why you should care:
The “Junk Fees Rule” targets specific and deceptive pricing in the sale of live-event tickets and hotel stays. The rule does not prohibit any fee amount or specific pricing methods, but it requires that companies that advertise their prices are transparent with consumers about prices and fees.
This rule also requires that businesses disclose the total price of mandatory fees and they can’t misrepresent any fee or charge in any offer, display or advertisement for live-event tickets or hotels.
Have you noticed the price changes when looking to purchase tickets? What are your thoughts on the new change?
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