Live Nation and Ticketmaster Tell Biden , They’ll Start Showing Fees Up Front.
Live Nation and Ticketmaster Tell Biden , They’ll Start Showing Fees Up Front.
Live Nation Entertainment vowed to get rid of "junk fees" during a meeting with the president on June 15, NPR reports. .
The development comes after President Biden promised in February that he'd work toward eliminating hidden ticket fees.
According to the White House, Live Nation Entertainment will provide clear, upfront pricing on its website beginning in September.
Other companies expected to follow suit include SeatGeek and xBk.
Today's voluntary actions demonstrate that companies both big and small recognize the importance of providing consumers with honest, up-front all-in pricing, rather than tricking them with surprise fees at the end of checkout, White House, via statement.
It is also just a first step towards addressing junk fees in the economy, White House, via statement.
Since backlash arose at its failed attempt to adequately sell Taylor Swift "Eras" tour tickets,
the company has prompted antitrust concerns.
Since backlash arose at its failed attempt to adequately sell Taylor Swift "Eras" tour tickets,
the company has prompted antitrust concerns.
In January, the Senate held a hearing and called on the DOJ to step in.
NPR reports that Live Nation denies taking part in "behaviors that could justify antitrust litigation, let alone orders that would require it to alter fundamental business practices."