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Senators introduce Ticket Act to eliminate hidden fees in resale ticket pricing

June 09, 2023 | Commerce, Science, and Transportation: Senate Committee, Standing Committees - House & Senate, Congressional Hearings Compilation


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Senators introduce Ticket Act to eliminate hidden fees in resale ticket pricing
During a recent meeting of the U.S. Senate Committee on Commerce, Science, and Transportation, lawmakers expressed deep concerns about the prevalence of hidden fees, often referred to as "junk fees," that are impacting consumers across the nation. Senator Maria Cantwell of Washington highlighted a striking example from her home state, where the cost of a ticket to an NHL playoff game was inflated by mandatory processing fees, making the total price significantly higher than advertised.

This issue resonates with many consumers who have encountered similar hidden charges in various transactions, from concert tickets to service fees. Senator Cantwell emphasized that these fees can distort market competition and make it difficult for consumers to make informed purchasing decisions. She noted that the advertised price should reflect the true cost, including all mandatory fees, to ensure transparency and fairness in the marketplace.

In response to these concerns, Senator Cantwell and Senator Ted Cruz have introduced the Ticket Act, which aims to mandate the disclosure of all fees upfront. This legislation seeks to protect consumers by ensuring that they are fully aware of the total cost before making a purchase, thereby promoting fair competition and informed decision-making.

The committee heard testimony from various witnesses, including experts in consumer protection, who echoed the need for clear pricing practices. The discussions underscored a growing frustration among lawmakers and consumers alike regarding the lack of transparency in pricing, which can lead to unexpected costs and diminished trust in the marketplace.

As the committee continues to address these issues, the proposed legislation could pave the way for significant changes in how fees are presented to consumers, ultimately aiming to create a more equitable shopping environment. The next steps will involve further discussions and potential revisions to the Ticket Act, as lawmakers seek to balance consumer protection with the interests of businesses.

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