Ticket Giants Vow Transparency on Fees Under Biden Pressure

Live Nation and SeatGeek have promised to show customers the full cost of concert tickets, including fees that can add more than 30% to the total cost of an order. This comes after the Biden administration's complaints about "junk fees" for tickets and hotel stays that can mislead consumers. The changes are expected to begin in September and are part of efforts to increase transparency in the ticketing industry. However, the extent to which these changes will substantially change the ticket market is unclear, and the changes do not include any commitment to reduce surcharges or lower prices.