Associated Press (12/17/24) Durbin, Dee-Ann

The U.S. Federal Trade Commission (FTC) recently announced it will require live event promoters, hotels and vacation rental platforms to disclose any fees up front when they list prices. "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," FTC Chair Lina Khan said. The rule is scheduled to go into effect in less than 120 days. It requires ticketing and lodging businesses to clearly and conspicuously disclose the true cost, including all mandatory fees, when they display any pricing. Businesses that exclude taxes or shipping fees from advertised prices must also disclose them before customers enter any payment information.

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