Concert Ticket Fees: The Fight for Fair Pricing
When Bruce Springsteen announced his 2023 U.S. tour, fans undoubtedly expected high demand for tickets. 1 What they did not expect were prices exceeding $4,000 for seats that would normally cost a fraction of that. 2 The primary culprit was “dynamic pricing,” a practice that adjusts prices in real-time based on demand. 3 Additionally, concertgoers reported paying approximately twenty percent of the face value of the ticket in service fees at checkout. 4 Excessive fees in live...