When booking a ticket, reserving hotel or buying a concert pass, there can be extra fees you never saw coming.
“New Yorkers have enough to worry about without these hidden costs weighing on their minds. No longer will our city be a playground for those who think they can make a quick buck,” Mayor Zohran Mamdani said Friday.
What You Need To Know
Mamdani’s administration is cracking down on so-called “junk fees”
These are extra charges that can be tacked on at the end of buying a ticket to an event or reserving a hotel, for example
Mamdani also unveiled a second rule aimed at making canceling subscriptions as easy as one click
The new rules go into effect in October. Companies that violate the rules could face a $525 fee per violation
Mamdani’s administration is cracking down on so-called “junk fees.”
“We’re enacting a new junk fees rule that would require fully transparent, all-in pricing. That means no additional costs, fees or charges after you already made that purchase,” Mamdani said.
The new rule is part of a larger effort by city officials to help New Yorkers save money.
As part of that effort, Mamdani also unveiled a second rule aimed at making canceling subscriptions as easy as one click.
“We will be launching the nation’s first click-to-cancel rule. Because if you can sign up with one click, you should be able to cancel with one click,” Mamdani said.
City officials said the announcement of the rules should be taken as a warning to all companies about best practices.
“Companies will finally need to compete on price. Those that break the law can face steep penalties and be forced to pay back their customers,” Sam Levine, commissioner of the Department of Consumer and Worker Protection, said. “We’re insisting on an economy that treats people with fairness and dignity.”
The new rules go into effect in October. Companies that violate the rules could face a $525 fee per violation.
However, Mamdani said there would be a grace period before enforcement takes place.
“We’re going to give companies months before enforcement begins, and all of that comes back to a desire to not be punitive for punitive sake. There is a desire, however, to ensure that people aren’t taken advantage of,” Mamdani said.