TickPick, the modern transparent ticket marketplace transforming the event ticketing industry, celebrates the Federal Trade Commission's rule requiring all primary and secondary ticket marketplaces to display all-in pricing to consumers, eliminating hidden junk fees in the ticketing industry.
As the first major platform to display all-in pricing on tickets since its founding in 2011, TickPick welcomes this groundbreaking rule as a significant victory for fans – and a win that the company has spent over a decade advocating for, marking an important milestone toward greater trust in the ticketing industry.
“We didn't just wait for this change, we fought for it,” TickPick Co-CEO and Co-Founder Brett Goldberg said. “We championed all-in pricing from the start because we know how damaging hidden fees are for fans and the industry. Over the years, we've worked directly with lawmakers, testified to regulators and advocated at the highest levels to push for this moment. We're proud to see federal action that validates our position from day one and delivers the transparency consumers deserve.”
TickPick has displayed all-in pricing on every ticket throughout its history, providing customers with a transparent and reliable purchasing experience. This approach is guided by a core principle: fans deserve to know the full price upfront.
In addition to being a driving force and supporter for all-in pricing, TickPick fully supports the FTC's crackdown on speculative ticket listings, protecting consumers from misleading offers. Addressing these deceptive practices is key to protecting fans and fostering a more transparent and accountable industry.
The FTC's new rule will require all ticket marketplaces to disclose the total price of tickets upfront, including all known charges and fees that are part of the transaction. This ensures consumers are fully informed of the total cost of their tickets throughout the checkout process. The rule also prohibits speculative ticket sales, ensuring every ticket listed for purchase is already in the seller's possession.
About TickPick
No Fees. More Savings. Among the fastest growing technology companies, TickPick is reshaping the ticket marketplace industry, putting money back in the wallets of live event-goers. Since our inception, we have saved our customers over $180 million in service fees alone. TickPick's BestPrice Guarantee backs up our promise to deliver better prices than their competition. For more information, visit tickpick.com.
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SOURCE TickPick, LLC
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