The rule targeting hidden and deceptive fees in ticketing and short-term lodging take effect Monday.
The Federal Trade Commission’s rule prohibiting bait-and-switch pricing and other tactics used to hide total prices and mislead people about fees in the live-event ticketing and short-term lodging industries goes into effect on Monday.
The rule supports President Trump’s executive order to prevent unfair practices in the live entertainment market. The FTC stated, “These unfair and deceptive pricing practices can harm consumers and undercut businesses trying to compete fairly on price.”
The agency further said, “The Final Rule preserves flexibility for businesses by not prohibiting any type or amount of fee or specific pricing strategies. Rather, it requires that businesses that advertise prices tell consumers the whole truth up-front about total prices and fees.”
As the Lord Leads, Pray with Us…
- For Chair Andrew Ferguson as he heads the Federal Trade Commission.
- For Director Christopher Mufarrige as he oversees the FTC’s Bureau of Consumer Protection.
Sources: Federal Trade Commission
