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Ticketmaster will also add a feature to give consumers the option to receive all-in upfront pricing for all other tickets sold on the platform.” According to the White House statement ...
Dynamic pricing is when ticket prices are increased on primary selling sites – such as Ticketmaster – based on demand. In the case of the recent Oasis ticket sales, customers queued for hours ...
In 2023, President Joe Biden called out "junk fees" that hike up ticket prices. Ticketmaster, which is owned by Live Nation, vowed to be more transparent in its pricing by showing the full price ...
Ticketmaster "may earn a profit on the order processing fee". [42] As the Los Angeles Times has explained, "the 'service fee' is intentionally kept separate from the list price for two reasons: to make the base price of a ticket appear more affordable, and to create the impression that only Ticketmaster pockets that fee."
Ticketmaster was the subject of several controversies, such as anti-competition claims, deceitful relationships with scalpers, data breach, deceptive pricing, and dynamic pricing. [13] According to consumer organizations , Ticketmaster and Live Nation control over 70% of the primary ticketing and live event venues market. [ 14 ]
Oasis is trying to ensure tickets go to loyal fans as it announces new North American dates. The band said it will not be using Ticketmaster's dynamic pricing.
U.K. culture minister Lisa Nandy has pledged to look into Ticketmaster’s use of “dynamic pricing,” which saw ticket prices shoot up by hundreds of pounds while fans were in queues online ...
Online ticket brokering is the resale of tickets through a web-based ticket brokering service. Prices on ticket brokering websites are determined by demand, availability, and the ticket reseller. Tickets sold through an online ticket brokering service may or may not be authorized by the official seller.
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