Richard Blumenthal says company acts like it has ‘get-out-of-jail-free card’ as records show it upping fees to cut losses
Senators slammed Ticketmaster for raising ticket fees following a regulatory crackdown on hidden charges as revealed in a report by the Guardian last week.
The Federal Trade Commission last May began requiring Ticketmaster to disclose concert ticket fees upfront – a practice known as all-in pricing. The company eliminated the order processing fee it charged at the the end of a transaction to comply with the rule.
But documents obtained by the Guardian in public records requests show how Ticketmaster simply raised other fees so it wouldn’t lose money.
Wow, weird, if only you guys were in a position to pass laws to make things illegal, and enforce said laws by directing men with guns to show up and force people to stop doing whatever it was.
Oh well, what are you gonna do, right?
If Trump hadn’t closed the multi-year investigation into Ticketmaster / Live Nation on a whim, what a clown fiesta
He was clearly paid off by them. Why else would he care?
That sounds awful plausible, but I’d like to entertain the possibility that he genuinely loves to make stuff worse for everyone.
If I have to pay Ticketmaster to see your band play, I don’t need to see your band play.
The problem is that they also own the venues. It’s a vertical integration-style monopoly that needs to be regulated out of existence.
Unfortunately in the US, antitrust law might as well not exist due to lack of enforcement because politicians are paid off.
I’m sure the browbeating will realllly help. Until fines hurt their profit in a meaningful way, they are just the cost of doing business.
You don’t understand, they were slammed.
I’m so sick of that fucking word. Just zero creativity.
