The Federal Trade Commission (FTC) announced a new rule requiring ticket companies to display total ticket prices upfront, including all fees, eliminating the practice of hidden fees. The rule aims to address consumer complaints about unexpected costs and lack of transparency in the concert ticketing industry. While the rule doesn't eliminate fees, it mandates clear and upfront pricing for customers.
The Federal Trade Commission announced a new rule Tuesday requiring ticket companies to share ticket prices up front rather than hiding fees until the end of a purchase.The Federal Trade Commission announced a new rule on Tuesday to ban hidden fees for concert tickets in a move seeking to address one of the myriad complaints music fans have toward the concert business.
The live business as a whole has long supported a mandate requiring “all-in” ticket prices, though industry experts have typically said such a rule would have to be mandated by the government. If not, companies that didn’t use all-in pricing would have a competitive advantage over the others by making their tickets look cheaper.
FTC Ticket Fees Hidden Fees Transparency Concert Ticketing
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