FTC Issues Final Rule on Junk Fees
By EsqSocial Corporation 20/12/24
On Dec. 17, the Federal Trade Commission issued its final rule on junk fees entitled “Rule on Unfair or Deceptive Fees” which will become effective 120 days after publication in the Federal Register. This rulemaking process started in 2022 with the FTC being concerned about bait-and-switch pricing for businesses that offer, display, or advertise prices for lodging, including short-term rentals and live events, whereby businesses do not disclose the all-in pricing to consumers before consumers...
By: Clark Hill PLC