FTC and Seven States Sue Ticketmaster and Live Nation Over Ticketing Practices
The latest targets in the White House’s on-again-off-again antitrust war are Ticketmaster and Live Nation, two companies that have long been the focus of consumer frustration. According to The Verge, the Federal Trade Commission has filed a lawsuit accusing Ticketmaster — which owns Live Nation — of enabling ticket brokers to skirt purchasing limits and then reaping financial rewards from inflated resale prices. The agency alleges that the company profits twice from the same ticket: once at the initial sale and again when it is resold through Ticketmaster’s own platform.
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