The White House scored a major victory in its battle against ticketing junk fees on Thursday, June 15. They did so when Ticketmaster, SeatGeek, and Dice agreed to adopt all-in ticket pricing. This means that consumers will now see the full price of a ticket upfront. This includes all fees before making a purchase.
This is a major step forward for consumers. I say this as customers have long been frustrated by the hidden fees that are often added at the checkout. These fees can add up to a significant amount of money. Additionally, they can make it difficult for consumers to compare prices between different ticket sellers.
Junk Fees
The agreement with Ticketmaster, SeatGeek, and Dice is a voluntary one, but it is a significant one. These three companies are among the largest ticket sellers in the world. Their decision to adopt all-in pricing is likely to have a ripple effect throughout the industry.
However, it is important to note that this is just a first step. The White House has called on Congress to pass legislation that would mandate all-in pricing for all ticket sellers. This would ensure that all consumers have the same level of transparency when they are buying tickets.
The agreement with Ticketmaster, SeatGeek, and Dice is a welcome development. Having said that, it is not the end of the fight against ticketing junk fees. We need to continue to pressure Congress to pass legislation that would make this practice illegal.
What does this mean for consumers?
The agreement between Ticketmaster, SeatGeek, and Dice is a good thing for consumers. It means that they will now be able to see the full price of a ticket upfront, including all fees. This will make it easier for them to compare prices between different ticket sellers. It will also help in making informed decisions about where to buy their tickets.
What does this mean for the ticketing industry?
The agreement between Ticketmaster, SeatGeek, and Dice is a challenge to the ticketing industry. It forces them to rethink their business model and to find new ways to make money. Some companies may try to offset the loss of revenue from fees by raising ticket prices. Others may try to find new ways to charge consumers, such as through subscription fees or advertising.
It remains to be seen how the ticketing industry will adapt to this change. However, it is clear that the agreement between Ticketmaster, SeatGeek, and Dice is a major development. This is the type of development that is sure to have a significant impact on the industry.
P.S. Never Forget: The RAVE Act
