•1 min read•from TechCrunch
StubHub to pay $10M to settle FTC allegations over ‘deceptive’ ticket pricing
Our take
StubHub has agreed to pay $10 million to settle allegations from the Federal Trade Commission (FTC) regarding deceptive ticket pricing practices. The consumer protection agency claimed that StubHub violated the FTC Act by advertising ticket prices on its website without clearly disclosing the total cost, which includes mandatory fees. This settlement underscores the importance of transparency in pricing and reinforces the FTC's commitment to protecting consumers from unfair or deceptive practices in the marketplace.
The consumer protection agency says the company violated the FTC Act and its Rule on Unfair or Deceptive Fees by "deceptively" advertising ticket prices on its website without clearly disclosing upfront what the total cost would be, including all mandatory fees.
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