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.
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.