FTC Announces Proposed Rule on Junk Fees

Industry News,

The Federal Trade Commission (FTC) today announced a notice of proposed rulemaking which would prohibit “hidden and falsely advertised fees” and require all-in pricing across industries, including rental housing. The announcement comes as part of President Biden’s ongoing efforts to crack down on junk fees and bring down costs for consumers, closely aligning with his administration’s work on the Blueprint for a Renters Bill of Rights.

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