A PYMNTS Company

Biden Calls For Limits On Ticket Fees

 |  February 1, 2023

President Biden on Wednesday called for limits to be placed on the fees that can be charged for tickets to live entertainment, eight days after an unusually bipartisan Senate Judiciary Committee hearing in which lawmakers assailed Ticketmaster and raised concerns about the broader ticketing industry.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    The president promoted his proposal at a meeting of his competition council, urging Congress to pass what the White House called a “junk fee prevention act” that would crack down on four types of excessive fees, including online ticket fees for concerts and sporting events.

    In a statement released before the meeting, the White House said Mr. Biden was specifically asking Congress “to prohibit excessive fees, require the fees to be disclosed in the ticket price and mandate disclosure of any ticket holdbacks that diminish available supply.”

    Related: How A Taylor Swift Tour Thrust Antitrust Concerns Into The Spotlight

    Congress “should lower the huge service fees that companies like Ticketmaster slap onto tickets for concerts or sporting events that can easily add hundreds of bucks to a family’s night out,” Mr. Biden said at the competition council meeting.