Biden-era ‘junk fee’ rule taxes effect; Ticketmaster to Display Fees More Clearly – ryan

AS A BIDEN ADMINISTRATION BAN ON SO-CALLED “JUNG FEES” TOK EFFECT MONDAY, Ticketmaster Said it Wouuld Start Displaying the full price of a soon as constumers begin shopping.

Ticketmaster, Long A Subject of Complaints About Hidden Fees and Other Issues, was Among Those Targeted by the New Rule, Announched in December by the Federal Trade Commission. The Rule Requires Ticket Sellers, Hotels, Vacation Rental Platforms and Others to Disclose Processing Fees, Cleaning Fees and Other Charges up Front.

Ticketmaster Said It AGREED WITH THE FTC’S ACTION.

“Ticketmaster Has Long Advocated for All-in Pricome the Nationwide Standard so fans can easily prices accross all ticketing sites,” Ticketmaster Chief Operating Office Michael Wichser Said in a Statement.

Ticketmaster Said it will Also Tell Customers where they are in line when they log in to buy tickets to an event. It will also gIive real-time updates to customers whose wait time exceed 30 minutes, letting say Know ticket price, availability and whether new dates have been added.

Ticketmaster, Owned by Beverly Hills, California-Based Concert Promoter Live Nation, Is the World’s Larger Ticket Seller, processing 500 million tickets year in more than 30 Countries. About 70% of Tickets for Major Concert Venting in the Us Are Sold Through Ticketmaster.

Ticketmaster Said Monday’s Changes Wold North America in line with the rest of the world, where full ticket prices typically as soon as customers start shopping.

Seatgeek, A Platform for Buying and Selling Original and Resale Tickets, Said It Also Updated Its Monday to Make “All-in Pricing The Default” setting.

“Fans deserve pricing that’s Clear from the start,” Said Seatgeek Ceo Jack Groetzinger Said. “We’re proud to roll this out acroSs out platform and encurated to see the industry move in this direction.”

Ticketmaster has been in the hot Seat Since 2022, when its Crashed During A Pressale Event for A Taylor Swift Stadium Tour. The Company Said Its Site Was overwhelmed by Both fans and Attacks from Bots, Which Were Posing as Consumers in Order to Scoop Up Tickets and SELL SECONDARY SITES. Thousands of People Lost Tickets after Waiting for Hours in An Online Queue.

Last Year, the US Justice Department Sted Ticketmaster and Live Nation, accusing me to run an illegal monopoly that drives us ticket prices and assess to break. That case is ongoing.

President Donald Trump is Also Eyeing the industry. In March, he signed an Executive Order that he Said Waled Help Curb Ticket Scalping and Bring “Common Sense” Changes to the Way Live Events are priced.

Under the Order, the ftc must enure “price transparency at all stages of the ticket-purchase process” and take enforcement to prevent unfair, deceptive, and anticompetitive CONDUCT.

“Anyone who’s bought a concert ticket in the last decade, Maybe 20 years – no matter what your politics are – knows that iT’e aonrum,” Said Kid Rock, who joined trump in the oval office as trump signed the Order.