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FTC rule on unfair or deceptive fees to take effect on May 12

ftc.gov

11–20 of 134 posts

Re: FTC rule on unfair or deceptive fees to take effect on May 12

#11

Okay so I'm not crazy because I swore this was a Biden era policy.

The FTC is an independent regulatory agency. The president has almost no powers and little oversight when it comes to these agencies.

More appropriately this is a Lina Khan era policy. She had a rocky start but her focus and conviction was unparalleled by any previous iteration of the agency. So much so that she enjoyed more bipartisan congressional support and approval than most staffers in recent memory.

Re: FTC rule on unfair or deceptive fees to take effect on May 12

#12
post #5

> Live-event tickets include those for concerts, sporting events, music, theater, and other live performances that audiences watch as they occur, but not pre-recorded audio or visual performances. What could be the reason pre-recorded audio/visual performances are excluded? Shouldn't this just be for everything? Why would some types of tickets be required to be truthful about fees and not allowed to lie about the tot…

"The Commission notes that the harms of bait-and-switch pricing and the misrepresentation of fees and charges are particularly pronounced in industries such as these, in which most transactions occur online. Consumers trying to comparison shop across multiple websites, or even on the same website, when deciding what tickets to purchase or where to travel are unable to do so effectively because some businesses hide th…

Movies are fungible and available in masses. Say a big hit name like AC/DC, they're showing up in some entire country once in a decade. The competition to get a ticket for this specific show is insane.

A movie however? There's competition both in time (a showing is booked out? fine, I'll just go a week later), in venues (at least in most cities there's at least two) and there's an effective ceiling on price, particularly as consumers are already struggling financially.

Re: FTC rule on unfair or deceptive fees to take effect on May 12

#13

Okay so I'm not crazy because I swore this was a Biden era policy.

The FTC is an independent regulatory agency. The president has almost no powers and little oversight when it comes to these agencies. More appropriately this is a Lina Khan era policy. She had a rocky start but her focus and conviction was unparalleled by any previous iteration of the agency. So much so that she enjoyed more bipartisan congressional support and approval than most staffers in recent memory.

[flagged]

Re: FTC rule on unfair or deceptive fees to take effect on May 12

#14
I'm assuming that "short-term rental" means your standard "night or two" hotel rooms (not just extended say).

It sounds like it, from the report.

I remember staying in hotels in Japan, and they would say 1,600 Yen per night, and ... I get the bill for two nights, and it's 3,200 Yen.

Not so, US hotels.

Re: FTC rule on unfair or deceptive fees to take effect on May 12

#15
post #5

> Live-event tickets include those for concerts, sporting events, music, theater, and other live performances that audiences watch as they occur, but not pre-recorded audio or visual performances. What could be the reason pre-recorded audio/visual performances are excluded? Shouldn't this just be for everything? Why would some types of tickets be required to be truthful about fees and not allowed to lie about the tot…

I would suggest that a pre-recorded performance is inherently more fungible.

If movie theater A is going to charge you a $20 fee when you get to the theater, you can just go to theater B later and see the same show.

If you're trying to see the single Chicago date of Tropical Fu Dogs' Coconut Cream tour, well, you either pay the fee or you don't ever see that show.

Re: FTC rule on unfair or deceptive fees to take effect on May 12

#16

Earlier quoted context omitted.

The FTC is an independent regulatory agency. The president has almost no powers and little oversight when it comes to these agencies. More appropriately this is a Lina Khan era policy. She had a rocky start but her focus and conviction was unparalleled by any previous iteration of the agency. So much so that she enjoyed more bipartisan congressional support and approval than most staffers in recent memory.

[flagged]

Do you know what gooner even means lol.

Re: FTC rule on unfair or deceptive fees to take effect on May 12

#17

I'm assuming that "short-term rental" means your standard "night or two" hotel rooms (not just extended say). It sounds like it, from the report. I remember staying in hotels in Japan, and they would say 1,600 Yen per night, and ... I get the bill for two nights, and it's 3,200 Yen. Not so, US hotels.

Short term rentals have different legal definitions depending on the locality, but generally they are defined.
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