Held without a gun: Pascrell hits Ticketmaster for surprise Springsteen tour prize

Held without a weapon: Pascrell Knocks Ticketmaster for Springsteen’s Tour Prize Surprise

Fans must have a clear understanding of The price you pay before entering the ticket sales process

WASHINGTON, DC – U.S. Representative Bill Pascrell, Jr. (D-NJ-09), Congress’s biggest critic of the broken live event market, today called on Ticketmaster to adjust its policies to be more customer-friendly. fans after fans experienced wildly shocking ticket prices to attend concerts on Bruce Springsteen’s new tour, just the latest outrage from the greedy ticket monopoly.

“When Yogi Berra said it was deja vu again, he could easily have been talking about Ticketmaster and another nasty surprise for Springsteen fans,” Says Rep. Pascrell. “After the long hiatus, we’re all thrilled to have Bruce back on tour. But Americans are entitled to enjoy some shows without getting ripped off. Ticketmaster sees grassroots events as an opportunity to engage ordinary Americans. My colleagues and I’m hearing from irate customers who are fed up, and the New Jersey and New York dates aren’t even on sale yet Fans need to know exactly what they’re getting into before they get involved in a ticket sale from concert still very stressful. And I hope that these policies and prices will be reconsidered, or at least better communicated to the fans, before the bulk of the concert dates go on sale next week.

“The fact is, the multi-billion dollar live event ticket market is crying out for reform. The BOSS ACT legislation I previously introduced would bring much-needed transparency to the sale, pricing and distribution of tickets for live events. I have worked closely with my colleagues and stakeholders on the review of our legislation and expect to reintroduce the improved bill shortly. I was first alerted to Ticketmaster’s shenanigans over a decade ago when Ticketmaster surreptitiously ordered Springsteen fans to buy tickets at high prices on their ticket resale site. And the myriad problems since they keep reminding us that the unholy Ticketmaster-Live Nation union should be dissolved by the DOJ and FTC once and for all.

On March 22, 2022, Representative Pascrell wrote to the heads of the Federal Trade Commission (FTC) and the United States Department of Justice (DOJ) Antitrust Division urging them to revise federal guidelines to make it easier to undo bad mergers. As part of the agencies’ joint investigation into modernizing merger regulations, Pascrell flagged the Live Nation-Ticketmaster as a “consolidation poster gone wrong” and called for its disbandment.

Pascrell has been a leader in Congress calling for regulation of the opaque live event ticket market. Pascrell was an early critic of the Live Nation-Ticketmaster merger and repeatedly urged the Obama administration to reject it, warning that the union would crush competition and hurt consumers. In May 2018, Pascrell wrote an op-ed in the Los Angeles Times about his attempts to impose greater positive regulation on the broken live event ticket market.

Two months later, Representatives Pascrell and House Energy and Commerce Committee Chairman Frank Pallone, Jr. (D-NJ-06) wrote a letter to Federal Trade Commission Chairman Joseph Simons, pointing to a Government Accountability Office (GAO) study that found a myriad of consumer protection and competition issues in the primary and secondary ticket markets for live events. The GAO report was commissioned in response to Pallone and Pascrell’s work, and members urged Simons to do more to protect consumers in the marketplace. In response, the FTC hosted an event ticket workshop held in June 2019 to review the many challenges faced by fans purchasing tickets. Pascrell attended a House Energy and Commerce Committee oversight hearing in early 2020 into the lack of transparency in the ticket market.

Pascrell was the main sponsor of the BOSS Act, comprehensive legislation that would impose a basic level of transparency on the ticketing industry so that fans have a fair chance to buy tickets in the primary market and also seeks to protect consumers who choose to use the secondary market. market to buy tickets. Pascrell is working to reintroduce the legislation this year. A full, section-by-section breakdown of an earlier version of the BOSS Act is available here.

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