This law does not ban hidden fees. There are plenty of hidden fees that this law does nothing about.
This law makes it illegal to advertise a price that doesn’t account for included fees. If a concert ticket is $40 with a $20 “service” fee, this law would require the tickets to be listed as $60 tickets. This law does not require taxes to be included in advertised prices, sales tax is added after the advertised price.
This law only prohibits misleading advertising of pricing, it however does not require disclosure of pricing.
The biggest source of hidden fees is the medical billing. Healthcare costs are nearly all hidden fees because healthcare providers rarely disclose prices in advance. This bill does nothing about that, because if a price is not advertised, this bill does not effect it, and this bill does not require disclosure of pricing in advance.
This bill is an improvement. This bill will reduce misrepresentation of pricing, but it does not actually ban hidden fees outright.
Hidden fees are fees in which a seller uses an artificially low headline price to attract a customer and usually either discloses additional required fees in smaller print, or reveals additional unavoidable charges later in the buying process.
Californians will know up front how much they’re being asked to pay, and no longer be surprised by hidden junk fees when buying a concert or sports ticket or booking hotel rooms for their family vacation.”
If I am a small business and I advertise one price and sell it for another. It’s called bait and switch and it’s illegal. If you’re a big company, they have to write special rules for you I guess.
Watch out, Comcast.
And cell phone carriers! This is just common sense. We need more of this.
Ticketmaster
Watch out every company I deal with. Even my utilities can’t give me an answer of where the extra fees are going.
All this legislation coming out of Cali seems too good to be true
I hope this will make it clear how much people actually pay on their retirement accounts. Far too many people I talk to don’t realize that they are paying an “expense ratio” on their investment funds.
Does this mean stores will list prices with tax included? >_>
It’s so crazy they don’t have to do that in America. Advertised prices should include all fees and taxes.
Bill who? Well, good job Bill
Comcast right now:
So does this include sales tax?
