LeadStory

Scripps News

Ticketmaster, Live Nation sued over ticket price inflation sceme

Scripps News · Just In
Scripps News
Scripps News
Just In

The FTC has filed a lawsuit against Ticketmaster and Live Nation, accusing them of collaborating with brokers to bypass limits, conceal fees, and inflate ticket prices. The case highlights concerns over unfair practices in live event ticketing.

Breakdown
  • The FTC and state attorneys general have sued Ticketmaster and Live Nation for alleged ticket price inflation.
  • The lawsuit claims Ticketmaster works with brokers who use fake accounts to buy large numbers of tickets for resale. 17s
  • Live Nation is accused of knowingly allowing these practices and profiting from resale fees. 1m 20s
  • Most resale tickets are sold by professional scalpers, leading to significant price increases for fans. 1m 37s
  • This lawsuit follows previous government actions against Live Nation for alleged anti-competitive conduct. 4m 56s
EntertainmentCourtCrimeMusic