FTC sues Live Nation, Ticketmaster over resales
- The Federal Trade Commission filed a lawsuit against Ticketmaster and Live Nation, claiming they misled artists and consumers about ticket pricing and limits, violating the FTC Act and the Better Online Ticket Sales Act.
- Seven states have joined the FTC's lawsuit, accusing Ticketmaster and Live Nation of coordinating with brokers to sell illegally obtained tickets at high markups.
- The lawsuit seeks civil penalties against Ticketmaster and could force Live Nation to sell its subsidiary, Ticketmaster, due to ongoing antitrust concerns.
- FTC Chairman Andrew Ferguson stated, 'The Trump-Vance FTC is working hard to ensure that fans have a shot at buying fair-priced tickets,' highlighting the importance of fair ticket sales.
179 Articles
179 Articles
FTC sues Live Nation and Ticketmaster, saying they force fans to pay more for concerts and events
The Federal Trade Commission and a bipartisan group of state attorneys general sued Ticketmaster and its parent company Thursday, saying they are forcing consumers to pay more to see live events through a variety of illegal tactics.
Attorney General Raoul Files Lawsuit Against Live Nation Entertainment, Ticketmaster Over Deceptive Business Practices
CHICAGO – Attorney General Kwame Raoul, in partnership with the Federal Trade Commission (FTC) and a bipartisan group of state attorneys general, filed a lawsuit today against Live Nation Entertainment Inc. (Live Nation), and its wholly-owned subsidiary, Ticketmaster LLC (Ticketmaster), over the company’s unlawful coordination with ticket brokers that drives up prices for tickets in resale markets. The lawsuit also alleges that Ticketmaster dece…
By Jordan Valinsky, CNN The US federal government and seven states are suing Ticketmaster and its parent company, Live Nation Entertainment, for failing to curb ticket scalpers, which force customers to “pay substantially more than face value” for popular concerts and events.
Ticketmaster accused of deceptive pricing by FTC in lawsuit
The FTC and seven states have filed a lawsuit against Ticketmaster and Live Nation, accusing them of deceptive ticket resale tactics that cost consumers billions. This case highlights the ongoing battle to ensure fair ticket pricing for live events and…
FTC Chair Andrew Ferguson : Ticketmaster has not been honest about its pricing
Andrew Ferguson, FTC chair, joins ‘Closing Bell - Overtime' to discuss the lawsuit against Live Nation and Ticketmaster over deceptive ticket pricing, misrepresentation of ticket availability, alleged violations of the Better Online Ticket Sales Act, and more.
Coverage Details
Bias Distribution
- 64% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium