FTC Bans ‘Junk Fees’ on Tickets, Hotels: Will It Last?
A new federal rule aims to ban “junk fees” on hotel accommodations and live-event tickets, a move that could significantly impact consumer spending and the way businesses advertise prices. The Federal Trade Commission (FTC) estimates this rule, set to take effect around April of next year, could save consumers a substantial amount of money—$11 billion over a decade—and 53 million hours of time spent hunting for the true final cost of their purchases.
However, this isn’t necessarily a complete victory for consumers. The rule doesn’t actually prohibit the fees themselves; instead, it mandates that these fees be included in the upfront price displayed to the consumer.… Continue reading
Matt Underwood 
John Q. Hosedrinker