TicketNetwork to pay $825,000 penalty to settle misleading advertising concerns in the ticket resale market
A Bureau investigation concluded that TicketNetwork advertised tickets at unattainable prices, a practice known as drip pricing.
- A Bureau investigation concluded that TicketNetwork advertised tickets at unattainable prices, a practice known as drip pricing.
- The Bureau found that the mandatory fees added more than 38% on average and, in some cases, over 53% to the advertised prices.
- Ticket vendors must make true pricing claims, and resellers must stop misrepresenting that they're primary vendors when they're not.
- Since 2019, the Bureau's successful actions to resolve concerns about misleading advertising in the ticketing industry, including drip pricing, have led to a total of over $6 million in penalties for Ticketmaster , StubHub and TicketNetwork.