FTC Declares War on 'Fee-nomenon': Hidden Fees Now Illegal, World Rejoices

In a groundbreaking move that has left economists baffled and consumers cautiously optimistic, the FTC has officially banned hidden fees, effectively putting an end to the age-old tradition of being nickel-and-dimed to death. Starting May 12, the "Rule on Unfair or Deceptive Fees" will ensure that the only surprises you get at live events or short-term rentals are the kind that don't involve your bank account weeping.

"Bait-and-switch pricing", a beloved pastime of corporations worldwide, has also been shown the door. This practice, where companies lure you in with a tempting price only to hit you with the real cost at checkout, has been a staple of the American consumer experience. But no more! The FTC has decided that it's time for businesses to be as transparent as a freshly Windexed window.

Here's what the new rule means for you:

• No more finding out your concert ticket is actually 300% more expensive after fees at checkout.
• Hotels can't charge you a "breathing the air" fee anymore (yes, that was a thing).
• Short-term rentals must now tell you upfront if they're charging you extra for the privilege of sleeping in a stranger's bed.

In related news, businesses across the country are reportedly in mourning, with many seen holding vigils for their dearly departed hidden fees. "It's a sad day for capitalism," said one executive, who asked to remain anonymous because he's currently being hunted by an angry mob of former customers.

Meanwhile, consumers are cautiously optimistic, with many wondering what other ancient corporate practices might be next on the chopping block. Overpriced airport snacks? Exorbitant data overage charges? The sky's the limit!

So, as we bid farewell to hidden fees, let's take a moment to remember all the good times—like that time you thought you were getting a great deal on a hotel room, only to find out that the "resort fee" was more than the room itself. Good times.