The FTC, along with seven U.S. states, has filed a lawsuit against Ticketmaster and Live Nation, alleging illegal ticket resale practices, deceptive pricing, and misleading ticket limits. The lawsuit claims Ticketmaster profited from brokers using bots to buy and resell tickets at inflated prices, harming both consumers and artists. This landmark case could lead to significant changes in the concert ticketing industry, aiming for greater transparency and fairness.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Ticketmaster Under Fire: How the FTC Lawsuit Could Change Concert Ticket Sales Forever
The FTC, along with seven U.S. states, has filed a lawsuit against Ticketmaster and Live Nation, alleging illegal ticket resale practices, deceptive pricing, and misleading ticket limits. The lawsuit claims Ticketmaster profited from brokers using bots to buy and resell tickets at inflated prices, harming both consumers and artists. This landmark case could lead to significant changes in the concert ticketing industry, aiming for greater transparency and fairness.