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.

  • dogslayeggs@lemmy.world
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    1 day ago

    We did that, and tickets for Adele were still $600/seat on the primary market and not for front row. Those same seats ended up selling for $900/seat on the secondary market. Similar location tickets to Adele in Munich were $100 each. Tickets to Madonna were $400/seat in LA and $80/seat in Portugal on the main ticket website, not resale.