4 ms·
IMO all of these bullshit fees are just a lack of competition in plain sight. The only fix I can think of is to simply refuse to pay them, either by not buying
by maerF0x0 3y ago
IMO all of these bullshit fees are just a lack of competition in plain sight. The only fix I can think of is to simply refuse to pay them, either by not buying them that way, or by only patronizing businesses without them.
- Resort fees in vegas
- Amenity and other fees on top of rent
- "convenience" fee on movie/event/concert tickets
The only sort of regulation that I can think of that might address this is to make it false advertising (bait and switch) to advertise a price that is not net of all non-optional fees. (and perhaps taxes too)
Also I have to say I kind of don't blame the businesses for doing this. American consumers are so complacent compared to other parts of the world. People seem to be just fine with paying whatever price the vendor comes up with and not fighting back (including negotiating or refusing to patronize the business). Maybe it's a sign we're just too rich, or maybe too "polite"?
- toomuchtodo 3y agoRegulation is coming. Find a junk fee? Report it to the FTC. https://www.ftc.gov/media/71268 https://www.ftc.gov/media/71268 https://www.whitehouse.gov/briefing-room/statements-releases/2023/07/19/fact-sheet-biden-harris-administration-takes-on-junk-fees-in-rental-housing-to-lower-costs-for-renters/ https://www.whitehouse.gov/briefing-room/statements-releases... https://www.reuters.com/world/us/white-house-expands-war-junk-fees-rental-housing-unveils-new-merger-guidelines-2023-07-19/ https://www.reuters.com/world/us/white-house-expands-war-jun... https://www.whitehouse.gov/cea/written-materials/2023/03/21/how-junk-fees-distort-competition/ https://www.whitehouse.gov/cea/written-materials/2023/03/21/... https://www.ftc.gov/news-events/news/press-releases/2022/12/federal-trade-commission-extends-public-comment-period-potential-rule-regarding-harms-caused-junk https://www.ftc.gov/news-events/news/press-releases/2022/12/... https://www.forbes.com/sites/michaelgoldstein/2023/02/21/did-president-biden-just-take-on-the-hotel-industry-over-resort-fees/ https://www.forbes.com/sites/michaelgoldstein/2023/02/21/did...
- maerF0x0 3y agoDone. Captured consumers is another one. IMO unless it's part of the advertised price, it must be optional. If they cannot remove it they should have to waive it, by law.