FTC Extends Comment Period on Potential Junk Fees Rule

On December 21, 2022, the FTC announced that it has extended the public comment period on the proposed rule regarding junk fees until February 8, 2023. The FTC previously published an advanced notice of proposed rulemaking to address certain deceptive or unfair acts or practices relating to fees.

The FTC aims to collect public comment, data, and arguments concerning the need for such a rulemaking to prevent persons, entities, and organizations from imposing such fees on consumers. Junk fees are unnecessary, unavoidable, or surprise charges that inflate costs while adding little to no value for consumers.

The FTC’s press release can be found here.

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