FTC Announces Rule on “Junk Fees” and Pricing Disclosures in Certain Industries
By EsqSocial Corporation 19/12/24
On December 17, 2024, the Federal Trade Commission (FTC or Commission) released its final Trade Regulation Rule on Unfair or Deceptive Fees, also called the “Junk Fees Rule” by the Commission. For companies involved in offering ticketing services for live events or short-term lodging (such as hotels or vacation rentals), the Rule requires disclosure of a “Total Price” that includes mandatory fees, requires disclosure of any additional fees before payment, and prohibits misrepresentations about...
By: Wiley Rein LLP