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The Justice Department’s massive antitrust suit against Live Nation on Thursday reflects widespread frustration among fans and concertgoers everywhere who are fed up with confusing fees, ticket...
Discrepancies between the base price of a ticket and the total after taxes and fees can be considerable on Ticketmaster.
With fewer competitors to buy from, that means that customers often can’t avoid paying the service fees Ticketmaster tacks on.
The legislation gives the Federal Trade Commission and state attorney generals oversight of ticket fees and sales and allows them to impose civil penalties on illegal ticket sales.
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.
The Federal Trade Commission decided to impose a federal ban on all deceptive, surprise fees. Ticketmaster again faced criticism when the United Kingdom and French sales of the Eras Tour experienced similar issues, and was issued a subpoena from the U.S. Permanent Subcommittee on Investigations.
So let’s examine a few Ticketmaster and StubHub scams to be on the lookout for, find out how to keep your money safe, and discuss what to do if you think you’ve been scammed. Fraudulent Websites
StubHub was founded in March 2000 as a class project [7] by Eric Baker and Jeff Fluhr, both former Stanford Business School students and investment bankers. [8] One of its first major sports deals was with the Seattle Mariners in 2001. [9] In 2002, eBay was in talks to acquire StubHub for US$20 million, although the agreement had later "fallen ...
Ticketmaster, Others Agree to Reveal Full Ticket Price Up-Front as White House Slams ‘Surprise’ Fees. President Biden will announce at a press conference on Thursday that Live Nation and its ...
Live Nation and Ticketmaster announced on Thursday (June 15) that it will implement “all-in pricing” for its concert tickets, which will show the true cost of tickets upfront.