Account

The Actual News

Just the Facts, from multiple news sources.

Ticket reseller StubHub fined for not showing buyers full prices

Ticket reseller StubHub fined for not showing buyers full prices

Summary

Ticket reseller StubHub was fined £900,000 for not showing customers the full price of tickets upfront. Over 50,000 buyers will get refunds after an investigation by the UK's Competition and Markets Authority (CMA).

Key Facts

  • StubHub did not clearly show total ticket prices including extra fees before checkout.
  • The CMA fined StubHub £900,000 for this practice.
  • More than 50,000 customers will receive refunds.
  • The average refund per customer is expected to be about £10.
  • Hidden fees in pricing are illegal because they mislead customers.
  • StubHub will contact customers to arrange their refunds.
  • The CMA investigated other firms for similar hidden fee issues.
  • The goal is to protect consumers from unexpected extra charges when buying online.
Read the Full Article

This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.