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An additional “processing fee” of $5 per order brings the total cost for a single ticket to $53.25 — a price jump of nearly 37%.
The House passed bipartisan legislation Wednesday that would require event ticket sellers to disclose the total cost of tickets upfront to consumers, including so-called hidden fees. The bill...
WASHINGTON (AP) — The Justice Department filed a sweeping antitrust lawsuit against Ticketmaster and parent company Live Nation Entertainment on Thursday, accusing them of running an illegal ...
Ticketmaster is subject to numerous controversies and lawsuits, alleging violations of various laws. The platform charges a fee on tickets purchased and resold on the platform. The fees from ticket sales can account for a large percentage of overall ticket costs and have received scrutiny from regulators, customers, and musicians.
Ticketmaster, Others Agree to Reveal Full Ticket Price Up-Front as White House Slams ‘Surprise’ Fees. Jem Aswad. June 15, 2023 at 8:28 AM. President Biden will announce at a press...
A ticket is a voucher that indicates that an individual is entitled to admission to an event or establishment such as a theatre, amusement park, stadium, or tourist attraction, or has a right to travel on a vehicle, such as with an airline ticket, bus ticket or train ticket. An individual typically pays for a ticket, but it may be free of ...
On July 24, 2022, Ticketmaster issued a response defending their controversial "dynamic pricing" plan, saying that 88.2% of tickets were sold at fixed prices that ranged from $59.50 to $399 before added service fees and that the average price of all tickets sold so far is $262, with 56% being sold for under $200 face value.
Ticketmaster operated ‘illegal monopoly’ to drive up concert and sports prices, Feds say. The US Department of Justice has sued entertainment company Live Nation, parent company of ...
StubHub is an American ticket exchange and resale company. It provides services for buyers and sellers of tickets for sports, concerts, theater, and other live entertainment events. By 2015, it was the world's largest ticket marketplace. [1] [2] While the company does not currently disclose its financials, in 2015 it had over 16 million unique visitors and nearly 10 million live events per ...
While it was hardly unexpected, the Justice Department’s lawsuit against Live Nation and Ticketmaster is thorough and damning — all 124 pages of it — and lays out in compelling detail how ...