Documents obtained by Guardian show company increased different fees to ‘offset revenue loss’ from FTC rule change

Following a wave of regulations banning the surprise fees that appear at the end of a transaction, Ticketmaster stopped charging the extra few dollars it added to each order at checkout. Typically shared with the venue, the order processing fee was a boon to a global platform that sells hundreds of millions of tickets a year.

But documents obtained by the Guardian show that while Ticketmaster eliminated this fee to comply with the rules, the company simply raised the cost of different fees in a number of its venues to ensure it didn’t lose money.

  • ProfThadBach@lemmy.world
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    2 months ago

    I quit going to concerts over 20 years ago. About 10 years ago Judas Priest was coming to Charlotte and I wanted to see them. The shitty seats were 290 fucking dollars. I love Priest but fuck that. I saw them on the Screaming for Vengeance tour for 12 bucks. In today’s money that is 40 bucks. I would pay 50 but fuck if I am going to pay 290 for any fucking band.