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Ticketmaster 10m Theverge

  • PublishedDecember 23, 2022

After being accused of using deceptive trade practices, Ticketmaster agreed to pay a settlement of $10 million. In 2016, Ticketmaster was sued for using “drip pricing,” a method in which the final price of a ticket is not revealed until the end of the purchase process. Customers were misled into believing they were receiving a better deal. Ticketmaster 10m Theverge

Ticketmaster has agreed that it will pay a $ 10 million fine to settle deceptive practices claims. The Federal Trade Commission investigated and found that Ticketmaster had been charging hidden ticket fees without disclosing these to customers. Ticketmaster has also agreed to change its business practices and refund the affected customers. Ticketmaster 10m Theverge

According to The Verge, Ticketmaster agreed to pay a $ 10 million settlement. The company was accused of unfairly inflating ticket prices. A proposed class of consumers, who brought a lawsuit against Ticketmaster in 2003, will receive the settlement. Ticketmaster denies any wrongdoing in the settlement.

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