After all the controversy about Ticketmaster and Bruce Springsteen using dynamic pricing on tickets for his 2023 tour with the E Street Band, it's amazing it's taken this long for a politician to get involved.
New Jersey Congressman Bill Pascrell Junior is seeking information from Ticketmaster about "the monopoly’s role in the Springsteen tour fiasco where fans were charged upwards of $5000 for seats." In a letter to the company, Pascrell, the chairman of the House Ways & Means Subcommittee on Oversight, wanted to know "how many shows will be played in venues, owned, operated or exclusively booked by Ticketmaster” and how many were they the primary or exclusive ticket seller.
Congressman Pascrell also demanded "specific data and any details that support” Ticketmaster’s claim that “these prices and formats are ‘consistent with industry standards for top performers." And in what is a key part of dynamic pricing, Pascrell asked, “Does your company inform customers as to how many tickets will be available for sale, at what time, and how they will be priced?”
Ticketmaster has yet to publicly respond to Pascrell's letter. Springsteen starts his tour February 1st in Tampa.