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President Joe Biden is set to announce that ticketing giants Live Nation and Ticketmaster have promised to disclose the full price of tickets upfront, essentially removing the haunting prospect of hidden fees at checkout, according to Reuters.
Live Nation and Ticketmaster have been the focus of regulatory ire for years, but scrutiny hit a fever pitch last November when Live Nation canceled ticket sales for Taylor Swift’s The Eras Tour. While the Swift cancellations were reportedly due to a bot attack, the event became the focus of critics who argue that Live Nation drives up ticketing costs and fees for customers by entering into anti-competitive contracts with venues.
As part of Thursday’s announcement, Biden is hosting a White House…