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

The FTC has introduced a new rule requiring businesses offering live events, hotels, and short-term rentals to disclose all fees upfront, ensuring clear pricing for consumers. By mandating transparent pricing practices, the rule aims to protect consumers from hidden charges or misleading information. Third-party platforms like Airbnb are also required to comply, such as updating listings to display total costs upfront.