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Hidden Junk Fees Banned For Live Events Tickets (For Now) | Incoming FTC chair Andrew Ferguson, who voted against adoption of the rule, may withdraw the initiative.

Incoming FTC chair Andrew Ferguson, who voted against adoption of the rule, may withdraw the initiative.

The Federal Trade Commission on Tuesday finalized a rule requiring businesses to disclose total prices, including any hidden fees, in a transparent and upfront manner. In a statement, FTC chair Lina Khan said that the rule will save consumers “billions of dollars and millions of hours in wasted time.” She added, “People deserve to know up-front what they’re being asked to pay—without worrying that they’ll later be saddled with mysterious fees that they haven’t budgeted for and can’t avoid.” Khan’s tenure as head of the FTC has seen the passage of consumer and labor-friendly rules, including a ban on noncompetes and a requirement that companies make it as easy to cancel subscriptions as it is to sign up.

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