Today at a meeting of the White House Competition Council, President Biden announced the release of a new proposed rule that would strengthen protections for customers by ensuring they have access to certain fee information before they purchase their airline tickets.
Under this new rule, airline and travel search websites will have to disclose upfront, the first time an airfare is displayed, any fees charged to sit with your child, change or cancel flights, and for checked or carry-on baggage.
This proposal seeks to provide customers the information they need to choose the best deal so that surprise fees don’t add up quickly and overcome what may look like a cheap fair.
This is a part of the president’s historic executive order on promoting competition in the American economy, which is a whole of government approach to help lower prices for consumers, raise wages for workers, and promote innovation throughout the economy by promoting competition.
When it comes to the airline industry, the top airlines raked in nearly $700 million on cancellation and change fees alone. The administration says this is because of little competition in the industry, which allows industries to have a large amount of control over prices.
Click play to listen to the report from AURN White House Correspondent Ebony McMorris. For more news, follow @E_N_McMorris & @aurnonline.
