23.8 F
New York
Friday, February 3, 2023

Federal Trade Commission Extends Public Comment Period on Potential Rule Regarding the Harms Caused by Junk Fees in the Economy

On October 22, 2022, the Federal Trade Commission announced it is seeking public comments on whether it should explore a rule regarding the harms caused by junk fees and the unfair or deceptive tactics companies use to impose them. Junk fees are unnecessary, unavoidable, or surprise charges that inflate costs while adding little to no value for consumers. The notice announcing this initiative was published in the Federal Register on November 8.

At the request of interested persons, the Commission has extended the public comment period until February 8, 2023. Information about how to submit comments can be found in the Federal Register notice.

The Commission vote approving extension of the public comment period was 4-0.

Official news published at https://www.ftc.gov/news-events/news/press-releases/2022/12/federal-trade-commission-extends-public-comment-period-potential-rule-regarding-harms-caused-junk

Images courtesy of PixaBay

- Part of VUGA Media Group -digital marketing best company

Latest article