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The End of Junk Fees? FTC Proposes New Rule

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Ticketmaster and SeatGeek have already pledged to offer all-in pricing, but the rule would broaden it to other companies and industries.

The Federal Trade Commission is proposing a new rule that would require businesses, such as ticket sellers or hotels, to show the total price, inclusive of fees,

to customers upfront. The rule would not set a limit on the fees, but rather would require broader disclosures, including detailing the purpose of the fees and whether

 

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California is banning junk fees, those hidden costs that push up hotel and ticket pricesCompanies will be barred from adding junk fees or relying on drip pricing, which is advertising only portion of a product's entire cost.
Source: CBSNews - 🏆 87. / 68 Read more »