The Federal Trade Commission on Wednesday proposed a rule to ban any hidden and bogus junk fees, which can mask the total cost of concert tickets, hotel rooms and utility bills.

President Joe Biden has made the removal of these fees a priority of his administration. The Democrat’s effort has led to a legislative push and a spate of initiatives aimed at helping consumers. Administration officials have said these additional costs can inflate prices and waste people’s time.

“The proposed rule would prohibit corporations from running up the bills with hidden and bogus fees, requiring honest pricing and spurring firms to compete on honesty rather than deception,” FTC Chair Lina Kahn said on a call with reporters. “Violators will be subject to civil penalties and be required to pay back Americans that they tricked.”

The FTC proposal is being coupled with the Consumer Financial Protection Bureau announcing that it will block large banks from charging junk fees to provide basic customer services.

  • isles@lemmy.world
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    1 year ago

    I'm just waiting to have to swipe my card to unlock my tray table or page the FA.

    • pdxfed@lemmy.world
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      1 year ago

      If you want to apply for our credit card we can waive the FA fee…but actually no need to apply, we took the liberty of using your fingerprint from the armrest and have great news, you're pre-approved! Simply nod your head to accept the APR of 99.99% and we'll get the FA to your seat straight away.