Ticketmaster to Refund Customers

    FILE - In this May 11, 2009 file photo, Ticketmaster tickets and gift cards are shown at a box office in San Jose, Calif. The Department of Justice has imposed major concessions upon Live Nation and Ticketmaster Monday, Jan. 25, 2010, in approving the companies' merger.(AP Photo/Paul Sakuma, file)

    Paul Sakuma / AP Photo

    Congratulations, Ticketmaster users! Because of a proposed class action settlement with the ticket retail giant, anyone who’s used the site between October 21, 1999 and October 19, 2011 will receive a whopping $1.50 for every ticket purchased during that time. Apparently, several customers caught on to the fact that Ticketmaster was profiting from its processing fees. Following the settlement, Ticketmaster will still be able to profit off its sales, it will just have to make clear that it’s doing so.

    Read it at Business Insider