FTC accuses Ticketmaster, Live Nation of illegal 'resale' tickets
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FTC accuses Ticketmaster, Live Nation of illegal 'resale' tickets
The Federal Trade Commission filed a lawsuit against Ticketmaster and its parent company, Live Nation, accusing the companies of participating in illegal resale tactics. The lawsuit alleges that Ticketmaster willingly misleads consumers about ticket prices and cooperates with scalpers to markup resale prices — all at the expense of artists ...
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The federal government and seven states are suing Ticketmaster and its parent company, Live Nation, accusing the ticket-selling giant of allowing brokers to exceed limits on purchases, profiting off the inflated resale value and using deceptive advertising practices. The lawsuit is seeking billions of dollars in penalties. Ticketmaster and Live Nation did not return CBS News’ request for comment. #ticketmaster #livenation
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The federal government and seven states are suing Ticketmaster and its parent company, Live Nation, accusing the ticket-selling giant of allowing brokers to exceed limits on purchases, profiting off the inflated resale value and using deceptive advertising practices. The lawsuit is seeking billions of dollars in penalties. Ticketmaster and Live Nation did not return CBS News’ request for comment. #ticketmaster #livenation
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