Biden administration issues ban on ticket, hotel 'junk fees'

The FTC has introduced a rule to combat junk fees, requiring companies to be transparent about total prices upfront. This move aims to prevent bait and switch pricing, a concern highlighted by the Biden administration. The rule, resulting from two years of investigation and public feedback, is expected to save Americans significant time. It will take effect four months after publication, but its future under the incoming Trump administration remains uncertain.

What impact does the FTC estimate the new rule will have on Americans' time spent searching for total prices?

What concerns were raised regarding the implementation of the FTC's rule by the incoming Trump administration?