President Joe Biden on Thursday claimed a measure of victory in his administration’s battle against surprise hidden fees that eat into consumers’ bottom lines by announcing a new agreement with two of the nation’s largest online ticket brokers, Ticketmaster and LiveNation.
Speaking at an event in the South Court Auditorium alongside National Economic Council Director Lael Brainard and other, Mr Biden highlighted his administration’s success in pushing companies to implement more fair billing practices, such as the Department of Transportation’s push to require airlines to refund customers and provide meal and lodging vouchers in cases of flight delays or cancellations, and other efforts to rid the banking sector of costly overdraft fees.
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