Navigation
Search
|
FTC Orders Ticket Sellers, Hotels To Show 'All-in' Prices Upfront
Tuesday December 17, 2024. 03:40 PM , from Slashdot
The bipartisan measure requires businesses to display the total price, including all mandatory fees, upfront when advertising tickets for live events or short-term lodging. The rule aims to end the practice of surprising customers with additional charges like 'resort,' 'convenience,' or 'service' fees late in the booking process. 'People deserve to know up-front what they're being asked to pay,' said FTC Chair Lina Khan, who estimates the rule could save consumers up to 53 million hours per year in comparison shopping time, equivalent to $11 billion over a decade. The rule, approved by a 4-1 commission vote, does not ban any specific fees but requires clear disclosure before consumers enter payment information. It will take effect 120 days after publication in the Federal Register. The measure follows a lengthy public comment period that drew over 72,000 responses and represents one of the FTC's most significant consumer protection actions in recent years. Read more of this story at Slashdot.
https://news.slashdot.org/story/24/12/17/1435239/ftc-orders-ticket-sellers-hotels-to-show-all-in-pri...
Related News |
25 sources
Current Date
Dec, Wed 18 - 18:45 CET
|