Concert tickets skyrocket in US, White House takes action against price hikes

NEW YORK, June 18, 2023 – “In my opinion, this is a victory for users and proof that our fight against junk commission It is experiencing real progress. Words and music by the President of the United States, Joe Biden, after being claimed by the White House as a battle won. Really overwhelmed. Because on the issue of commission hidden under the contract US ‘ticketing’ giant, Having been abroad for a long time, the Commander and Chief has never told how he thinks. So on the announcement last Thursday that platforms like Live Nation, SeatGeek, XBK and TickPick (but also, on the ‘travel’ side, like Tripadvisor) would take a step back and agree to show the final amount that consumers would have to pay when purchasing coupons, the administration’s satisfaction was evident. And don’t talk about money, as they are hidden behind the classic words ‘excluding commission’, as reported by new York Timescould often hide Top-up up to 30% of the total cost of an order. Whereas from today, rather than a few days from now, it will be a certainty that all the companies sitting at the final discussion table held on Pennsylvania Avenue will resolve to end the abominable practice. Synthesized by the tenant of the Oval Office with the formula “They Pay You More Without Knowing It”, and with the note, vaguely polled, according to which the junk fee “isn’t a big problem for the rich, but a problem for working-class families, like the ones I grew up with”. As he uttered these words, then, to reinforce the concept behind Biden, a screen showed a series of practical examples of hidden price increases, beginning with tickets to a local concert at $12.99. markup’. to end with a performance by rapper drake for which, at a fixed cost of $544 for two tickets, three supplementary fares (service fee, convenience fee and ordering fee) were applied another $541, And it’s no coincidence that the music events themselves were taken as a thermometer of a situation that was degenerating, given that media interest in the problem has grown exponentially since last November, when reservations There was a lot of confusion surrounding the (inflated) reservation. live by taylor swift, All is well that ends well. Or maybe not, since it’s not entirely clear whether ticket resale platforms will be able to fulfill the official commitment they made of their own free will. basically, actually, as always specifies times,The Music Industry Is Complicated, with various players involved in the drafting of tariff plans and all united in an effort not to reduce their profit margins”. Especially after suffering heavy losses in the pandemic over a period of two years. Made a rule, then got cheated? It’s too early to tell, but the feeling is that Biden’s victory speech has hastened the conclusion of a story that was only partially finished.

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