WASHINGTON — Several large companies, including Ticketmaster parent Live Nation , are vowing to end surprise "junk fees" following a pressure campaign from the Biden administration.
"Junk fees" are extra costs tacked on at the end of purchases, often for concert tickets, resorts and rentals.
President Joe Biden has made ending the practice a priority and invited representatives from Live Nation, Airbnb , SeatGeek and others to meet with him Thursday.
Both Live Nation and SeatGeek agreed in advance of the meeting to commit to show all fees up front for ticket purchases, the White House said.
"It is also just a first step towards addressing junk fees in the economy."
Persons:
Joe Biden, Jens Stoltenberg, Biden, SeatGeek, Lael Brainard
Organizations:
NATO, White, WASHINGTON, Ticketmaster, Live, xBk, Economic
Locations:
Washington ,, SeatGeek, . Iowa