FTC lays out new rule that could end hidden fees | The agency is proposing a new rule that could require businesses, from hotels to ticket sellers, to provide clear disclosures on costs and whether...

Comments

• ericisshort@lemmy.world ⁨8⁩ ⁨months⁩ ago

  Hey FTC: let’s have the govt set the example here and include sales tax in this rule. It is also a bullshit hidden fee, and there’s no reason we shouldn’t include it in the sticker price. You already require it to be included for gasoline, so why only gasoline?

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  • 5opn0o30@lemmy.world ⁨8⁩ ⁨months⁩ ago

    Especially with hotels where there are 3 different taxes for $10s on the room.

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  • uis@lemmy.world ⁨8⁩ ⁨months⁩ ago

    so why only gasoline?

    Oil lobby

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    • ericisshort@lemmy.world ⁨8⁩ ⁨months⁩ ago

      why would the oil lobby want tax to be included gasoline? It raises the sticker price which reduces sales.

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• valek879@sh.itjust.works ⁨8⁩ ⁨months⁩ ago

  Hopefully this will include groceries. I hate when I go to buy something and it says $9.99 and I get up to the register and they hit me with this stupid, obnoxious hidden fee!

  I only have a $10 bill, it says it costs less then $10. Why is it not false advertising to have it say $9.99 when it costs $12.37 at the register?

  The whole thing is a scam.

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  • gothicdecadence@lemm.ee ⁨8⁩ ⁨months⁩ ago

    I heard someone say they don’t like coming to America because it feels like everything is trying to scam you at once and honestly yeah

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    • phillaholic@lemm.ee ⁨8⁩ ⁨months⁩ ago

      at least in the US pricing is somewhat consistent. Sticker price + local tax, which isn’t going to change shop to shop, just state to state or within city limits. If you go to China or the Middle East the “sticker price” is bogus and you’re expected to haggle with the merchant in many places.

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  • phillaholic@lemm.ee ⁨8⁩ ⁨months⁩ ago

    Doubtful. Sales tax code is far more complex.

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    • greybeard@lemmy.one ⁨8⁩ ⁨months⁩ ago

      Meh, we computers that can do the math, and the labels are all printed. There is no reason why the labels can’t be sales tax included these days. I understand it is harder when running commercials or billboards, but in store there is no excuse.

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    • danque@lemmy.world ⁨8⁩ ⁨months⁩ ago

      Because it was designed that way. In other countries its far more simple to implement.

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  • Steve@communick.news ⁨8⁩ ⁨months⁩ ago

    That would be different. That would be an advertised price with their membership card that has built in coupons. With sales tax on top. Those aren’t technically hidden fees, and wouldn’t be effected by this.

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• ZeroCool@feddit.ch ⁨8⁩ ⁨months⁩ ago

  Incoming $20 hidden fee disclosure fee

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• autotldr@lemmings.world [bot] ⁨8⁩ ⁨months⁩ ago

  This is the best summary I could come up with:

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  The US Federal Trade Commission (FTC) is proposing a new rule that it hopes will put an end to hidden junk fees that some businesses often add as a surprise when consumers are checking out.

  The agency is currently seeking public comment on the rule, known as the Trade Regulation Rule on Unfair or Deceptive Fees, after having already collected 12,000 comments last year from individuals, businesses, law enforcement groups, and others on how deceptive fees affect them.

  FTC Chair Lina Khan said in a statement that “by hiding the total price, these junk fees make it harder for consumers to shop for the best product or service and punish businesses who are honest upfront.” FTC adds that tackling junk fees through its nearly 100-year-old legal mandate that covers “unfair and deceptive acts or practices” is not enough.

  The companies agreed to present customers with upfront prices, and now this new proposed FTC rule could force other businesses in different industries, from airlines to hotels, to follow suit.

  If successful, the new rule could put an end to bait-and-switch tactics, which consumers have told the FTC that they’re constantly experiencing.

  There is a 60-day window to provide comment on the new rule once it’s published in the Federal Register.

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  The original article contains 278 words, the summary contains 209 words. Saved 25%. I’m a bot and I’m open source!

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• Hildegarde@lemmy.world ⁨8⁩ ⁨months⁩ ago

  This is yet another proposal to end hidden fees that does nothing to medical billing, the single largest source of hidden fees.

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• TheLameSauce@lemmy.world ⁨8⁩ ⁨months⁩ ago

  Looking forward to this, my partners best friend helped pen this rule so it’s been a hot topic in the house for quite a while.

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• nul9o9@lemmy.world ⁨8⁩ ⁨months⁩ ago

  Love booking hotels and getting hot with a destination/resort fee.

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