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The FTC estimates that the Junk Fees Rule will save consumers up to 53 million hours per year spent trying to discern the total price for concert tickets and short-term lodging, and will equate to ...
Fees paid to attend a live concert in the U.S. far exceed fees in comparable parts of the world, the complaint notes. One 2018 report from the Government Accountability Office estimated those fees ...
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Typically, fees added to a ticket's face value have included: [40] [41] [42] Facility charge – Charge added by the venue. Delivery fee – Charges added dependent on the ticket delivery method and credit card processing fees. Service fee – Sum of charges added based on the "agreement with each client (artists)" and the order processing fee ...
In late 2019, StubHub disclosed having sold $4.75 billion in tickets in 2018 with $1.1 billion in annual fees, and sold tickets in 44 countries, particularly the United States. [58] On November 25, 2019, the competing service Viagogo —which was founded by Baker and has a major presence in Europe—announced that it would acquire StubHub for ...
Viagogo was founded in 2006 in London as a secondary ticketing marketplace by Eric Baker, the co-founder of US-based StubHub. [5] [12] With sections established to provide an online marketplace for sports, music, theatre and comedy tickets, the company's launch included official partnerships with Chelsea FC and Manchester United FC, [5] with the sports clubs sharing in the commission revenue ...
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