U.S. Rep. Kathy Castor Cheers New Consumer Savings RuleNew “junk fee” rule ensures upfront pricing for live-event tickets and lodging, saving consumers billions and eliminating surprise charges
WASHINGTON, D.C.,
December 17, 2024
|
Jay Rhoden
(202-225-3376)
WASHINGTON, D.C. – Today, U.S. Rep. Kathy Castor (FL-14) applauded the Federal Trade Commission’s (FTC) new Junk Fees Rule, which eliminates hidden fees on live-event tickets and short-term lodging, saving American consumers significant time and money. The rule brings transparency to pricing by requiring businesses to disclose the full price upfront, making it easier for families to budget and compare options. “Families shouldn’t have to play a guessing game when planning a night out or a trip. Sneaky hidden fees are a burden. They drive up costs and leave families frustrated at checkout. This new rule ensures that the price you see for concert tickets and hotel stays is the price you pay—no hidden fees, no surprises,” said Rep. Castor. “The FTC junk fee rule mirrors legislation I led to reign in out-of-control Junk Fees and lower costs. It’s about fairness, transparency and saving hardworking families both time and money so they can focus on making memories together, not worrying about unexpected charges.” The FTC estimates that the Junk Fees Rule will save consumers up to $11 billion over the next decade by eliminating unnecessary fees and wasted time spent searching for accurate prices. The rule targets misleading “resort fees,” “service fees” and other hidden charges in the live-event ticketing and lodging industries, ensuring that pricing is transparent, honest and upfront. Castor introduced the bipartisan No Hidden Fees on Extra Expenses for Stays (No Hidden FEES) Act with Rep. Young Kim (R-CA) to improve cost transparency for stays in short-term lodgings, such as hotels, motels and inns. The No Hidden FEES Act of 2023 passed the U.S. House on June 11, 2024. |