Biden, top companies crack down on junk fees at White House event

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Executives from several major companies committed to increasing price transparency at a White House roundtable with President Joe Biden on Thursday.

Several major companies committed to increasing price transparency during a roundtable at the White House on Thursday, where President Joe Biden touted his efforts to crack down on so-called "junk fees."

The president praised the companies present on Thursday for embracing, “all-in pricing,” and called on their competitors to do to the same. In his State of the Union address in February, Biden called for legislation, regulation and private sector changes to end the practice of undisclosed or surprise fees. The president praised the companies present on Thursday for embracing, “all-in pricing,” and called on their competitors to do to the same.

Biden also acknowledged companies such as TickPick, DICE and the Newport Festivals Foundation that have used all-in pricing for years.

 

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