May 12, 2025, 6:33 PM
May 12, 2025, 6:33 PM

Ticketmaster commits to full price transparency under new rules

Highlights
  • On May 12, 2025, new U.S. regulations banning hidden fees came into effect.
  • Ticketmaster has committed to displaying full ticket prices upfront to improve transparency.
  • These changes are seen as a significant move towards fair practices in the ticketing industry.
Story

On May 12, 2025, new regulations in the United States aimed at banning hidden fees took effect. In response, Ticketmaster announced that it will start displaying the full ticket price immediately when consumers begin shopping. This shift comes as part of a broader initiative led by the Federal Trade Commission to ensure price transparency across various sectors, including ticket sales, hotels, and vacation rentals. Previously, customers often encountered unexpected fees during the purchasing process, leading to widespread frustration and complaints, particularly regarding Ticketmaster. Ticketmaster's Chief Operating Officer, Michael Wichser, praised the FTC's action and emphasized the importance of all-in pricing as a standard for ticket sales. He noted that this change would help consumers easily compare prices across different ticket-selling platforms. As the largest ticket seller in the world, processing around 500 million tickets annually, Ticketmaster's compliance with these new rules is expected to significantly impact how ticket prices are presented to the public. Moreover, the company plans to enhance user experience by providing real-time updates to customers about their position in the ticket-buying queue and notify them if their wait times exceed 30 minutes. These updates will include information on ticket price ranges, availability, and newly added event dates. This initiative aims to create a more transparent and informed purchasing experience for fans. Last year, Ticketmaster faced scrutiny due to a site crash during a Taylor Swift presale event, which compounded negative perceptions of the company. The incident was exacerbated by both the high demand from fans and bot attacks on the site. This led to ongoing legal challenges for Ticketmaster, with the U.S. Department of Justice suing the company and its parent, Live Nation Entertainment, over alleged monopolistic practices that inflate ticket prices. This ongoing case has raised questions about the company's market dominance and its effects on consumers. As President Donald Trump signed an executive order to curb ticket scalping and enhance price transparency, the push for regulations has intensified, highlighting the complex dynamics in the ticketing industry and the need for systemic changes.

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