3min chapter

Cato Daily Podcast cover image

The President's Odd and Expansive Conception of "Junk Fees"

Cato Daily Podcast

CHAPTER

Exploring the Concept of 'Junk Fees' and Their Economic Significance

Exploring the Biden administration's perspectives on hidden fees through the lens of 'junk fees' like unbundling fees in airlines, partition pricing in hotel resort fees, and termination fees. The chapter delves into the economic reasoning behind these fees despite consumer irritation.

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