President Biden will declare a victory in his war on “junk fees” Thursday by announcing that Live Nation Entertainment will offer upfront pricing on its Ticketmaster platform so that concertgoers are not surprised by add-on costs at the end of their shopping experience.
Live Nation said the option will be available by September. Also, the ticket platform SeatGeek will roll out “all-in pricing” this summer, and xBk, an Iowa-based venue and board member of the National Independent Venue Association, will offer a similar pledge for more than 15,000 tickets sold for more than 100 events at the venue, according to the White House.The commitments come on top of efforts by AirBnB in December to show consumers all fees and costs before taxes.
Concert tickets, in particular, have been a hot topic for Congress after fans of pop singer Taylor Swift and other artists faced hurdles during the ticket-buying process ahead of the summer concert season. “We know that credit card late fees or overdraft charges are meant to deter certain behavior that, if not kept in check, could cause some Americans to subsidize the behavior of others. These are not ‘junk fees’ but serve a larger function within our markets and pricing schemes,” Sen. Ted Cruz, Texas Republican, said earlier this month.
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Biden targets junk fees with executives from Live Nation, SeatGeek and AirbnbPresident Joe Biden is hosting executives from Live Nation, Airbnb and other companies at the White House to highlight his administration’s push to end so-called junk fees that surprise consumers
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Biden targets junk fees with executives from Live Nation, SeatGeek and AirbnbPresident Biden is hosting executives from Live Nation, Airbnb and other companies at the White House on Thursday to highlight his administration’s push to end so-called junk fees that surprise consumers.
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