this post was submitted on 12 Oct 2023
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FTC lays out new rule that could end hidden fees | The agency is proposing a new rule that could require businesses, from hotels to ticket sellers, to provide clear disclosures on costs and whether... (www.theverge.com)
submitted 1 year ago by [email protected] to c/[email protected]
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FTC lays out new rule that could end hidden fees | The agency is proposing a new rule that could require businesses, from hotels to ticket sellers, to provide clear disclosures on costs and whether...::The US Federal Trade Commission is proposing a new rule known as the Trade Regulation Rule on Unfair or Deceptive Fees that it hopes will stop businesses from charging consumers hidden fees.

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[–] [email protected] -1 points 1 year ago (12 children)

Online you’d need to input your address before ever seeing pricing which I personally don’t care for. In-store would be easier from that perspective but there are so many exemptions and jurisdictions it would take a ton of work to switch over. Some tax code would have to be rewritten. Possible, but far more work than what the FTC is currently talking about.

An example of one of these complexities. In 13 states, sales tax is collected on a Milkyway but not a Twix.

[–] [email protected] 2 points 1 year ago (9 children)

The register can figure that out, why can't the label maker?

[–] [email protected] -2 points 1 year ago (8 children)

It’s not an issue of can or can’t, it’s an issue of the consumer not knowing why a Milky Way is $1.07 vs a Twix at $1.00. On the receipt they can see one is taxed and the other is not.

[–] [email protected] 3 points 1 year ago (1 children)

Does that matter to the consumer? Shouldn't they know that a Milky Way cost 7 cents more than a Twix when picking their candy?

[–] [email protected] 2 points 1 year ago

Shouldn’t they know why? Does it just cost more or is it because the government is doing it?

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