Bruce Springsteen fans fume over $5,000-plus admission caused by Ticketmaster's 'dynamic pricing' system that changes cost based on demand: Algorithm caused huge spikes for tickets to big-name acts like Harry Styles and Taylor Swift

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Bruce Springsteen fans are furious that tickets to his summer shows are going for as high as $5,000 due to Ticketmaster's 'dynamic pricing' system, which also caused ticket prices to soar for big-name stars like Harry Styles, Drake and Taylor Swift. 

Mid-floor tickets for the Boss' 2023 US arena tour are going for $4,000 to $5,000 each on Ticketmaster, with less desirable seats still fetching high prices at more than $1,000.

The outrageous prices are a result of Ticketmaster's 'dynamic pricing,' where the prices of tickets are inflated due to demand. The system, which has been in place since 2011, lets ticket prices quickly rise to a level that resellers would get for them. 

Although the 'dynamic pricing' system has caused headaches for music fans before - with tickets for Harry Styles, Taylor Swift and Drake surging by hundreds of dollars in the past- the prices for Springsteen are nearly five times as high.

And fans have taken to social media to vent their frustrations over the prices as they even took their anger out on Springsteen, a champion of the everyday working man. 

Fans of Bruce Springsteen were furious when they learned that tickets to his U.S. tour were going for as high as $5,000 due to Ticketmaster's dynamic pricing system

One fan showed off that a floor seat they wanted cost $5,000 with additional fees attached

The ticket pricing surge happened in May for tickets to Harry Styles' tour (pictured)

One of Styles' fans showed that tickets went for as high as $1,450 due to dynamic pricing, which lets ticket prices quickly rise to a level that resellers would get for them 

The backlash against 'dynamic pricing,' which has been in place since 2011, originally gained steam in 2018 when Taylor Swift ticket prices soared to $995, almost double what they were originally going for 

Ticketmaster touts its 'dynamic pricing' system as a way for fans to get 'platinum tickets,' which are tickets for seats located anywhere in the venue. 

On platinum tickets, Ticketmaster says on their FAQ page: 'The prices are adjusted according to supply and demand, similar to how airline tickets and hotel rooms are sold.

'The goal is to give the most passionate fans fair and safe access to the most in-demand tickets while allowing the artists and everyone involved in staging live events to price tickets closer to their fair value.'

Despite the push for a 'fair value,' which helps pocket extra money for the artist and promoter, this is not the first time Ticketmaster has faced backlash over 'dynamic pricing.' 

Last week, fans of rapper Drake were infuriated when platinum tickets to his Young Money reunion show in Canada went for $573, with premium seats going as high as $1,480 on Ticketmaster. 

Back in May, fans of Harry Styles lashed out against the ticketing company when prices for the platinum tickets went for more than $1,000, and in February, fans of Paul McCartney complained when tickets to the icons summer show at the MetLife Stadium rose over $500. 

Prior to the Springsteen incident, the loudest outrage against Ticketmaster's system came in 2018, when fans of Taylor Swift called out tickets that went for as much as $995 when they were originally priced at $595 for the artist's Reputation tour. 

Ticketmaster did not immediately respond to DailyMail.com's request for comment on the backlash, nor did representatives for Springsteen.

Steven Van Zandt, a member of Springsteen's E-Street band, is the only person involved in the show to publicly respond to the complaints so far, telling fans he has no control over the prices. 

But that did little to quell the fan's anguish as they took to Twitter to slam the high prices.  

Springsteen fans lashed out against Ticketmaster's practices on social media

Twitter user Ryan Panton took aim at Springsteen and Ticketmaster by noting that only three things were certain in life: death, taxes, and fans angry with the online ticketing company. 

'Death, taxes and fans p****d off at Ticketmaster for extortionate ticket practices. I'm sorry @springsteen, but for a guy who's always championed the working man, these prices are a joke.'  

Russell LedFord, another Twitter user, called Ticketmaster 'criminals' over the high prices as he posted an image poking fun at how regular concert ticket prices appear to arbitrarily inflate through the company. 

Twitter user Michael Carter also pointed out how 'dynamic pricing' appears to achieve very little as scalpers and resellers continue to hike up their own prices to stay ahead of Ticketmaster. 

'So, Bruce Springsteen tickets sell out in 20 minutes then lo, immediately on sale for twice the price on resale sites, thanks Ticketmaster,' Carter wrote. 

Another Twitter user with the handle Clarissa echoed much of the frustration online by calling Ticketmaster 'the real enemy' of music fans. 

'Imagine a world where fans of all music genres put aside their beefs and focused on destroying the real enemy - Ticketmaster,' she wrote.  

Springsteen fan John Palumbo also vented his anger on Twitter, saying he was outraged by the prices when he got through the Ticketmaster que. 

"Ticket prices were outrageous, he said. 'It had to go from $700 to $3,000, and not even for great seats.

'I'm rich and I think that's f***king crazy,' Palumbo added. 'I could hire Backstreet to play in my yard for a week for cheaper than it would be to go to that show.'   

Reaction: Fans were quick to express their displeasure, with one calling the cost 'shameful'