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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 ...
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 ...
A 2018 report by the Government Accountability Office found that fees on initial ticket sales added 27% to the cost, on average. The lower the price of the ticket, however, the more burdensome the ...
Vivid Seats is a middleman between ticket buyers and sellers, taking a 10% commission once tickets have sold [16] and additionally charging buyers service fees (circa 20–40% [17]) and shipping charges.
Lonnell Williams, for example, paid $400 for a Stockholm ticket that would have cost him nearly $1,500 in Atlanta. As he told Today in May 2023, the entire European trip — including hotel ...
Cost-plus pricing is the most basic method of pricing. A store will simply charge consumers the cost required to produce a product plus a predetermined amount of profit. Cost-plus pricing is simple to execute, but it only considers internal information when setting the price and does not factor in external influencers like market reactions, the weather, or changes in consumer va
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