New FTC rule forces Ticketmaster to display all prices upfront
General News,FTC,Joe Biden,Banking And Finance
Ticketmaster customers may have noticed a significant change when purchasing tickets recently. The website now states that displayed prices include fees, which previously were only visible at checkout.
This change was prompted by a new Federal Trade Commission rule requiring companies to provide upfront pricing for services such as vacation rentals, hotels, and event tickets. The regulations went into effect on Monday.
Ticketmaster announced that, in addition to the face value of tickets, service charges and facility fees are now included in the upfront costs. However, delivery fees and taxes are still excluded from this pricing.
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