Ticketmaster L.L.C., TNow Entertainment Group, Inc. and Ticketmaster Canada LP have settled the lawsuit brought by the Canadian Competition Bureau that alleged that Ticketmaster’s advertised prices were deceptive because consumers had to pay additional fees that were added later in the purchasing process. This “drip pricing” resulted in consumers paying much higher prices than advertised, the Bureau alleged, with the result that Ticketmaster’s mandatory fees often inflated the advertised price by more than 20% and, in some cases, by over 65%. As part of the settlement, Ticketmaster agreed to pay a penalty of $4 million plus the Bureau’s investigation costs ... [more] Full article