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The Federal Trade Commission (FTC) announces a groundbreaking ban on hidden junk fees for hotels and event tickets, finalizing a bipartisan rule aimed at increasing pricing transparency for consumers. The decision, unveiled Tuesday, requires businesses to display the full, true cost of live-event tickets and short-term lodging upfront in all advertisements, offers, and pricing displays.
FTC Chair Lina Khan emphasizes the importance of the new rule, stating, “People deserve to know up-front what they're being asked to pay — without worrying that they'll later be saddled with mysterious fees that they haven’t budgeted for. . .