<ul><li>The Federal Trade Commission (FTC) has announced the Junk Fees Rule, requiring live-event ticketing and short-term lodging businesses to be transparent about the total price owed.</li><li>The rule aims to eliminate hidden fees and deceptive pricing tactics by ensuring that the initial price shown includes all additional fees.</li><li>Businesses will be required to prominently display the final amount owed and are prohibited from adding undisclosed fees later in the purchasing process.</li><li>The FTC estimates that the Junk Fees Rule will save individuals up to 53 million hours and over $11 billion over the next decade.</li></ul>

FTC bans hidden junk fees on tickets and short-term lodging purchases

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