The U.S. Federal Trade Commission approved a rule requiring ticket sellers, hotels, and vacation rental sites to disclose total prices, including fees, upfront. The rule aims to combat hidden "junk fees" that often inflate consumer costs. The rule mandates that advertised prices include all service fees, resort fees, and other additional charges. Trump and the Republican-controlled Congress could attempt to overturn or review the rule.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02U.S. Federal Trade Commission approved a rule requiring ticket sellers, hotels,
00:06and vacation rental sites to disclose total prices, including fees, up front.
00:11The rule aims to combat hidden junk fees that often inflame costs for consumers.
00:16The rule mandates that advertised prices include all service fees,
00:20resort fees, and other additional charges.
00:22Trump and the Republican-controlled Congress could attempt to overturn or review the rule.
00:27For all things money, visit Benzinga.com slash GSTV.