The moves come after Live Nation faced criticism over ticket sales for pop star Taylor Swift's tour that included hidden fees and platform outages, preventing many fans from buying tickets. Biden muscles Live Nation, SeatGeek to scrap hidden ticket fees:
last year into Ticketmaster, which controls entry into a majority of the nation's live events.
The president is expected to call on other companies to make the same shift to "all-in" ticket pricing while renewing his call for Congress to eliminate hidden fees altogether“Our hope is that as you build momentum around voluntary action, more and more will do it," said Michael Negron, a special assistant to the president on economic policy.
The White House is also convinced it's good politics, particularly as Biden tries to improve his standing with the public on the economy as the U.S. rebounds from 40-year high inflation. Amy Edwards and Parker Harrison demonstrate against the live entertainment ticket industry outside the U.S. Capitol January 24, 2023 in Washington, DC. The Senate Judiciary Committee is holding a hearing this morning to explore whether the merger of Live Nation and Ticketmaster has stifled competition and harmed the consumer marketplace.
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