In a vote of 4-1, the Federal Trade Commission has ruled to force ticketing agencies to disclose prices with fees included upfront, which will take effect in April. Junk fees will still exist and remain the same, but agencies must now clearly communicate the full price of the ticket before checkout.
In a statement following the ruling, FTC chair Lina Khan stated:
"The FTC’s rule will put an end to junk fees around live event tickets, hotels, and vacation rentals, saving Americans billions of dollars and millions of hours in wasted time. I urge enforcers to continue cracking down on these unlawful fees and encourage state and federal policymakers to build on this success with legislation that bans unfair and deceptive junk fees across the economy."
The FTC estimates this ruling will ultimately save consumers $11 billion on services like concert tickets and hotel rooms.
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