- cross-posted to:
- usnews@beehaw.org
- cross-posted to:
- usnews@beehaw.org
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.


I was absolutely fucking furious when my local soccer team switched from Seatgeek to TM for primary ticket sales. Ended up dropping my season tickets, partially because of that. Not that Seatgeek is much better, but they are at least not a monopoly.