FTC Submits Proposal to Ban Concert Ticket Junk Fees

The Federal Trade Commission (FTC) has submitted a proposal to ban the hidden fees for products and services, including the hefty fees that only seem to pop up when you're at checkout for concert tickets. In its proposal, the FTC writes that the "fees can cost consumers tens of billions of dollars per year in unexpected costs."Ahead of submitting it, the FTC received input from 12,000 individuals who explained how hidden fees affect their spending habits. The proposal outlines that companies wou...