FTC bans hidden fees for live events and short-term rentals, effective May 12

US Federal Trade Commission (FTC) on Monday Have been released New Documentation’s new statement ”Rules on wrong or fraudulent feesThe “The rules prescribed for the implementation of May 12 are banned for live events, hotels and short-term rentals, such as” toop-and-sieach prices “and a step that hides the total price and fees.

In a newly published FAQ, FTC provides a guide for this type of business, providing detailed information about the transparency of the price.

The rules will be The influence is businessLive event ticket dealers and short -term lodging suppliers, such as hotels, motels, AirBNB or VRBO. Third -party platforms, reseller and travel agents are also covered by new control. (Already AirBNB This has updated its service before this new control To show users the total cost of their suspension)))

According to FTC:

• Live event tickets are seen in concerts, sports events, music, theater and other live performances, but not pre-recorded audio or visual performances.
• The total price must include all familiar charges and fees.
• Sites must be published in advertisements and in front of the total prices on other offers for live-tickets or short-term stay.
• The total price must appear more clearly than any other price information.
• There should be no wrong representation about fees and charges.
• Sites should provide truthful information about fees including refund policies.
• Sites should be avoided in terms such as “convenience fees,” “service fees,” or “processing fees”.
• The strategies of the dynamic price determine are allowed until the price of the price is confusing.

The types of fees that include in the new FTC of FTC that can be excluded, such as taxes or government fees, shipping charges and al -Chsik products or services can choose to buy as part of the same transaction. (Note that handling charges are not on this list))

However, the FTC note that traders must reveal that it has dropped the charge from the total price before paying it. For example, if a business eliminates shipping charges from advertising prices, the amount and purpose of these charges need to be clearly described.

The FTC first passed this rule in December 2021, which is a breakthrough control that has identified a important win for customers who have been disappointed over the years about the privacy fee.