FTC lays out new rule that could end hidden fees | The agency is proposing a new rule that could require businesses, from hotels to ticket sellers, to provide clear disclosures on costs and whether…::The US Federal Trade Commission is proposing a new rule known as the Trade Regulation Rule on Unfair or Deceptive Fees that it hopes will stop businesses from charging consumers hidden fees.
Hopefully this will include groceries. I hate when I go to buy something and it says $9.99 and I get up to the register and they hit me with this stupid, obnoxious hidden fee!
I only have a $10 bill, it says it costs less then $10. Why is it not false advertising to have it say $9.99 when it costs $12.37 at the register?
The whole thing is a scam.
I heard someone say they don’t like coming to America because it feels like everything is trying to scam you at once and honestly yeah
at least in the US pricing is somewhat consistent. Sticker price + local tax, which isn’t going to change shop to shop, just state to state or within city limits. If you go to China or the Middle East the “sticker price” is bogus and you’re expected to haggle with the merchant in many places.
True, haggle culture and the lack of it both have their pros and cons. Can’t really tell Walmart about an unexpected expense that came up and have them feel sympathy to lower the price lol. But also haggling for everything must be tiring. It’s also tiring feeling like I have no power over prices though, so yeah, pros and cons.
As someone with social anxiety, haggling for a better price is my worst social nightmare. It would only benefit those with a large mouth even though the sales employee is objected with selling the highest price. Better go for competitive pricing that atleast is fair for both parties.
Doubtful. Sales tax code is far more complex.
Because it was designed that way. In other countries its far more simple to implement.
Right, but you’re talking about potentially changing how 13,000 Jurisdictions structure their taxes. Not an easy under taking.