Ticketmaster competitor to launch this weekend

August 23, 2011 8:20:55 PM PDT
One of the most common gripes about buying tickets to a concert or sporting event are the high convenience fees you have to pay. Many attribute that to the lack of competition, with Ticketmaster dominating the ticket selling industry.

Now that's about to change. Axs kicks off its service this weekend.

7 On Your Side checked its website and it remains to be seen if the new competition will lower prices. In the Bay Area, shows sold by Axs are fairly limited.

Axs and Ticketron charged the same service charge of nearly 40 percent for an upcoming Hanson concert.

Axs is owned by concert promotion giant AEG.