Ban on hidden ticket “junk fees” suggested by FTC in US

nme.com:

an announcement in June from Live Nation and Ticketmaster that they would be utilising an “all-in pricing model”, after complaints from concert-goers about the surprise fees included in ticket prices.Live Nation Entertainment, which formed from a merger between Live Nation and Ticketmaster, said at that time that they are “proud to provide fans with a better ticket-buying experience.

We have thousands of crew working behind the scenes every day to help artists share their music live with fans, and we’ll continue advocating for innovations and reforms that protect that amazing connection.”The Democrat Senator from Minnesota Amy Klobuchar, who sits as Chair of the Judiciary Subcommittee on Competition Policy, Antitrust and Consumer Rights, wrote in a statement: “From buying a concert ticket to booking a flight, hidden fees are a constant challenge for consumers trying to make informed decisions on big purchases.”“We must put an end to these surprise costs so that consumers have the transparency they need and deserve.

This announcement from the Administration is an important step towards ensuring that the price you see is the price you pay.”President Joe Biden has also spoken out on this subject, stating in his State of the Union address in February that “we can stop service fees on tickets to concerts and sporting events and make companies disclose all the fees upfront.”The “all-in pricing” outlined by Live Nation will not force prices be lowered, but it will be transparent with prices and fees, providing them to consumers before tickets are added to a cart.Last year, Ticketmaster received criticism for its handling of the high demand for Taylor Swift tickets for her ‘Eras’ tour.