Ticketmaster Faces Legal Pressure Over Alleged Resale Market Manipulation
Federal regulators allege Ticketmaster and Live Nation have systematically enabled ticket scalpers while collecting fees from multiple transactions. The lawsuit claims the companies deliberately avoided effective anti-scalping measures while generating billions in resale fees.
Regulatory Action Targets Ticketing Giant
Ticketmaster and its parent company Live Nation Entertainment are facing intensified legal scrutiny following a lawsuit filed by the Federal Trade Commission and seven states. According to reports, the legal action accuses the ticketing companies of deceptive practices that allegedly enable mass ticket purchases by resellers who then profit from inflated prices.