Frustrated with airlines that charge passengers steep fees to check bags and change flights, President Biden last fall embarked on a campaign to crack down on the practice — and force companies to show the full price of travel before people pay for their tickets.
Since then, the Biden administration has broadened its efforts to expose or eliminate “junk fees” throughout the economy, touching off a groundswell of opposition from airlines, auto dealers, banks, credit card companies, cable giants, property owners and ticket sellers that hope to preserve their profits.
Tens of thousands of credit card holders have cheered the bureau since it unveiled its plans, which arrived on the heels of its efforts to limit bank overdraft fees and penalize companies, including Wells Fargo, for surprising their customers with unexpected charges.
A top lobbying group for cable giants including Comcast and Charter have laid the early groundwork for a similar lawsuit against the Federal Communications Commission, which is weighing rules to demystify the vague fees that appear on monthly consumer bills.
The duo released the Ticket Act this summer, after a public outcry about major outages and steep fees on Ticketmaster sales for Taylor Swift’s Eras Tour.But the bill remains stuck in the upper chamber after Sen. Rand Paul (R-Ky.) blocked a vote out of a belief that such regulation is unnecessary, according to two legislative aides who spoke on the condition of anonymity to describe his stance.
Airlines for America, the top industry lobbying group, at one point shared a slide deck with the agency this March saying the government had no data to “demonstrate substantial harm” to passengers, who do not see bag charges as a “meaningful decision” when they first search for a flight.
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This is the best summary I could come up with:
Frustrated with airlines that charge passengers steep fees to check bags and change flights, President Biden last fall embarked on a campaign to crack down on the practice — and force companies to show the full price of travel before people pay for their tickets.
Since then, the Biden administration has broadened its efforts to expose or eliminate “junk fees” throughout the economy, touching off a groundswell of opposition from airlines, auto dealers, banks, credit card companies, cable giants, property owners and ticket sellers that hope to preserve their profits.
Tens of thousands of credit card holders have cheered the bureau since it unveiled its plans, which arrived on the heels of its efforts to limit bank overdraft fees and penalize companies, including Wells Fargo, for surprising their customers with unexpected charges.
A top lobbying group for cable giants including Comcast and Charter have laid the early groundwork for a similar lawsuit against the Federal Communications Commission, which is weighing rules to demystify the vague fees that appear on monthly consumer bills.
The duo released the Ticket Act this summer, after a public outcry about major outages and steep fees on Ticketmaster sales for Taylor Swift’s Eras Tour.But the bill remains stuck in the upper chamber after Sen. Rand Paul (R-Ky.) blocked a vote out of a belief that such regulation is unnecessary, according to two legislative aides who spoke on the condition of anonymity to describe his stance.
Airlines for America, the top industry lobbying group, at one point shared a slide deck with the agency this March saying the government had no data to “demonstrate substantial harm” to passengers, who do not see bag charges as a “meaningful decision” when they first search for a flight.
The original article contains 2,522 words, the summary contains 288 words. Saved 89%. I’m a bot and I’m open source!