Biden spotlights Live Nation, Ticketmaster pledge for transparent pricing
President Joe Biden praised the "real transparency" of companies who are switching to an "all-in upfront pricing" model to clearly show hidden fees for customers. President Joe Biden hosted a meeting with executives from Live Nation, Airbnb, Seat Geek and others Thursday afternoon to continue his administration's efforts to use the power of the bully pulpit to tackle so-called "junk fees." Thursday's announcement makes no effort to actually reduce junk fees, or added costs that can surprise consumers by driving up price tags, but Biden declared the upfront pricing as a victory. "This is real transparency, which leads to more com Pet ition, brings down costs for working Americans," Biden said at a roundtable with Business executives seated beside him. President Joe Biden delivers remarks on protecting consumers from hidden junk fees as (L-R) CEO of SeatGeek Jack Groetzinger, Co-CEO of TickPick Brett Goldberg, CEO of DICE Phil Hutcheon, C...