Ticketmaster parent Live Nation, SeatGeek, others agree to show 'junk fees' after Biden pressure

WASHINGTON — Several ample companies, including Ticketmaster genitor Live Nation, are vowing to extremity astonishment "junk fees" pursuing a unit run from the Biden administration.

"Junk fees" are other costs tacked connected astatine the extremity of purchases, often for performance tickets, resorts and rentals. President Joe Biden has made ending the signifier a precedence and invited representatives from Live Nation, Airbnb, SeatGeek and others to conscionable with him Thursday.

Both Live Nation and SeatGeek agreed successful beforehand of the gathering to perpetrate to amusement each fees up beforehand for summons purchases, the White House said. Iowa venue xBk is expected to arsenic well. Airbnb successful December began including each fees successful the last terms aft calls from the White House to bash so.

"Today's voluntary actions show that companies some large and tiny admit the value of providing consumers with honest, up-front all-in pricing, alternatively than tricking them with astonishment fees astatine the extremity of checkout," the White House said successful a statement. "It is besides conscionable a archetypal measurement towards addressing junk fees successful the economy."

Biden archetypal began his campaign against "junk fees" 9 months agone and included calls for backstage companies to bash truthful successful his State of the Union code this year. The contented reached a boiling constituent successful November, erstwhile customers were faced with exorbitantly precocious prices for Taylor Swift's Eras tour tickets.

"President Biden has been moving to little costs for hardworking families by bringing down inflation, capping insulin prices for seniors, and eliminating hidden junk fees," National Economic Council manager Lael Brainard said successful a statement. "More companies are heeding the president's telephone truthful that Americans cognize what they're paying for up beforehand and tin prevention wealth arsenic a result."