WASHINGTON (Reuters) - Auto dealers will be barred from luring vehicle buyers with promises they do not keep and will not be able to charge junk fees .
WASHINGTON (Reuters) - Sanofi said on Monday it was terminating a deal to exclusively license a drug that Maze Therapeutics is developing to treat Pom.
Auto dealers will be barred from luring vehicle buyers with promises they do not keep and will not be able to charge junk fees - like a service contract for an oil change for an electric vehicle - under a new rule, the U.S. Federal Trade Commission said on Tuesday. The rule could fundamentally change how millions of Americans buy vehicles annually by requiring up-front pricing in dealers' advertising and sales discussions, and bars the sale of add-on products or services that confer no benefit to consumers. Consumer Reports said the FTC proposal would bar "shady tactics" by car dealers that can boost the cost of new vehicles.
US FTC finalizes car-buying rules to rein in junk fees, bait-and-switch wabx.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wabx.net Daily Mail and Mail on Sunday newspapers.
WASHINGTON (Reuters) - Auto dealers will be barred from luring vehicle buyers with promises they do not keep and will not be able to charge junk fees .