Washington, D.C. — In a bipartisan 4-1 vote, the Federal Trade Commission (FTC) today finalized its rule to ban deceptive junk fees in the live event ticketing and short-term lodging industry. In response, the American Economic Liberties Project released the following statement.

“Banning junk fees is broadly popular across the country because Americans are tired of being tricked by hidden costs that inflate prices and distort competition,” said Nidhi Hegde, Interim Executive Director of the American Economic Liberties Project. “Finalizing this rule with bipartisan support demonstrates Chair Khan and the Commission’s commitment to delivering real results for consumers, saving Americans both time and money. We’re pleased to see the FTC work to get this done, and encourage federal and state policymakers to build on this effort to put an end to junk fees once and for all.”

Learn more about the Economic Liberties’ End Junk Fees campaign here.

Learn more about Economic Liberties here.

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The American Economic Liberties Project works to ensure America’s system of commerce is structured to advance, rather than undermine, economic liberty, fair commerce, and a secure, inclusive democracy. Economic Liberties believes true economic liberty means entrepreneurs and businesses large and small succeed on the merits of their ideas and hard work; commerce empowers consumers, workers, farmers, and engineers instead of subjecting them to discrimination and abuse from financiers and monopolists; foreign trade arrangements support domestic security and democracy; and wealth is broadly distributed to support equitable political power.