Biden's FTC Bans Junk 'Service Fees' For Hotel And Concert Purchases

[In It to Win It]

https://www.yahoo.com/news/biden-ftc-bans-junk-fees-153157735.html

The Federal Trade Commission finalized a new federal rule Tuesday that bars hotels and live-event companies from tacking on surprise fees when customers make purchases, deeming them unfair and deceptive practices.

The regulation would require companies to disclose any annoying “convenience,” “resort” or “service” fees upfront with the advertised price so that buyers don’t face sticker shock when they try to check out online. It is slated to go into effect as early as April 2025.

People deserve to know up-front what they’re being asked to pay.
FTC Chair Lina Khan

FTC Chair Lina M. Khan said eliminating such “junk fees” would save consumers “billions of dollars and millions of hours in wasted time” when they’re shopping for hotel stays or concert tickets.

“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 and can’t avoid,” Khan, an appointee of President Joe Biden, said in a statement Tuesday.

[newdeal2]

1. Ticket fees are outrageously expensive

Basically add 50% to whatever the face value is.

[blm]

2. Good

The Federal Trade Commission finalized a new federal rule Tuesday that bars hotels and live-event companies from tacking on surprise fees when customers make purchases, deeming them unfair and deceptive practices.
The regulation would require companies to disclose any annoying “convenience,” “resort” or “service” fees upfront with the advertised price so that buyers don’t face sticker shock when they try to check out online. It is slated to go into effect as early as April 2025.

Biden's FTC Bans Junk 'Service Fees' For Hotel And Concert Purchases
https://www.yahoo.com/news/biden-ftc-bans-junk-fees-153157735.html

[CrispyQ]

3. Other than it's a dem policy, why would the average republican voter object to this?

[Renew Deal]

4. Hotels are abusing this

Even dumps with a gym and no pool are doing this.

[Initech]

5. Vegas is the worst.

I can't book a room at any MGM, Caesars, or Hilton property there because they always tack on ridiculous fees - a lot of them having to do with Allegiant and T-Mobile stadiums, and the new A's park. That needs to go away.