California’s New Law to Impact Restaurant Menu Prices
California restaurants are bracing for price hikes as a new law banning ‘junk fees’ is set to take effect. With surcharges and fees for employee benefits no longer allowed, owners are left with no choice but to raise menu prices. The industry faces uncertainty as establishments must decide between reducing wages or significantly increasing prices to comply with the regulations.
New York State Law Mandates Display of Total Prices for Credit Card Purchases
New York has implemented a new law requiring businesses to display total prices, including credit card surcharges, before checkout. Businesses can offer a cash discount with a two-tiered pricing option, but must explicitly show credit card prices. The law aims to increase transparency and limit credit card surcharges to the amount charged to businesses by credit card companies.