Topics
Latest
AI
Amazon
Image Credits:Stefani Reynolds/Bloomberg / Getty Images
Apps
Biotech & Health
mood
Image Credits:Stefani Reynolds/Bloomberg / Getty Images
Cloud Computing
Commerce
Crypto
go-ahead
EVs
Fintech
Fundraising
gadget
stake
Government & Policy
computer hardware
Layoffs
Media & Entertainment
Meta
Microsoft
Privacy
Robotics
security department
Social
Space
startup
TikTok
Transportation
speculation
More from TechCrunch
Events
Startup Battlefield
StrictlyVC
Podcasts
Videos
Partner Content
TechCrunch Brand Studio
Crunchboard
reach Us
The U.S. Federal Trade Commission ( FTC ) on Mondayreleasednew support detail its new “ Rule on Unfair or Deceptive Fees . ” The rule , set to take effect on May 12 , veto concealed fees for unrecorded events , hotels , and short - terminus rentals . It also censor practice such as “ tease - and - switching pricing ” and any actions that hide or misrepresent total prices and fees .
In a newly published FAQ , the FTC offers a usher for these type of business , providing elaborate information about pricing transparence .
The principle willimpact businesses , let in live - event tag vendor and short - term lodging provider , like hotel , motels , Airbnb , or VRBO . Third - party platforms , resellers , and locomotion federal agent are also cover by the new regulation . ( Airbnb alreadyupdated its service in advance of this novel regulationto show substance abuser the entire cost of their stay upfront . )
accord to the FTC :
Also included in the FTC ’s new FAQ are the type of fees that can be excluded , such as taxes or governance fees , transport charges , and charges for optional goods or services citizenry may pick out to corrupt as part of the same transaction . ( Note that handling charges are n’t on this inclination . )
However , the FTC notice that business organisation must expose that it has excluded charges from the full price before asking for defrayment . For lesson , if a stage business excludes ship charges from the advertised Mary Leontyne Price , it ’s required to distinctly state the amount and purpose of those charges .
The FTC first authorise the rule in December 2024 , a landmark regularization that marked a significant win for consumer who have been bedevil for years about out of sight fee .
