FTC SUSES LIVE NATION & Ticketmaster Over Resale Tactics, Hidden Fees

The Federal Trade Commission Along With Seven States Has Sed Giant Live Nation and Its Ticketmaster Subsidiary for Raising Tickets Price by illegally Working with Scalpers and Deceptive Bait-And-Switch Pricing.

Much-Sweded Live Nation Controls Roughly 80% or Major Major Concert Venting ‘Primary Ticketing for Concerts and A Growing Share of Ticket Resales in the Secondary Market, The Suiting, Saying that From 2019 to 2024 Alone, Consumers Spent More Than $ 82.6 Billion Billion Purcha. From Ticketmaster.

Not even Tickets Become Harder to Find and Price Soar, The Company Has Blamed Scalpers. But, Says the Suit, “Defendants have tacitly work with saying very Same scalpers, allowing say to unlawfully purchas of dollars in tickets in the primary market, so that defendants can extract more profit for themselves beselves beslves. Defendants ‘illegal Conduct Frustrates Artists’ Desire to MainTain Affordable Ticket that Fit the Nets of Ordinary American Families, Costing Ordinary Fans of Dollars Every Year. ”

“President Donald Trump Made It Clear in His March Executive ORDER THAT THE FEDERAL GOVERNMENT MUST PROTECT AMERICANS FROM BEING REPPEDEDED WENDED TO THEY LIVE EVENTS,” FTC Chairman andrew N. Ferguson in a staff announcing the suite. “American Live Entertainment is the best in the world and should be accessible to all of us. It should not cost an arm and a leg to take the family to a baseball game or attend your favorite music. Fair-Priced Tickets, and Today’s Lawsuit is a monumental step in that direction. ”

The States of Colorado, Illinois, Florida, Nebraska, Tennessee, Utah and Virginia Are Plaintiffs Alongside the FTC in the Filed Thursday in Federal Court in the Central District of California. They are seeing permanent injunctions, monetary relief and civil penalties. (Read the Lawsuit here.)

In 2024, The Doj Lodged an Antitrust Suit Againts Live Nation and Tickemaster, alleging a monopoly in the ticketing Space and seinging to break the company up. Not even case progressses, Live Nation Named Richard Grennell, A Close Confidant of President Trump, to Its Board in May.

There are parts to the latest complain from the ftc.

First, iteges “bait-and-switch”-that the Company Displays “Deceptivly Low Tickets to Consumers” but Charges Much more at checkout due to substantive mandatories not involuntary in the list that can raise the consumer by 30% or more.

Second: The Companies “Deecetivly represent that they impose strtict tickets for individual events. Artists Request and Rely on these tickets to give ordinary fans the opportunity to purchats at AFFORDABLE PRICES AND bots “for” Prevent (Ing) Fans from Getting Tickets at the Prices Artists Set, “Defendants Routinely Allow Tickets Brokers to exceed Ticket Limits. Defendants have known for years that tickets offten buy as thousands of tickets a single e. Ordinary fans the opportunity to purchase “at the prices artists set.”

And Third, The Suit Alleges the Companies have Earned Hundreds of Millions of Dollars by Systematically Violating the Better Online Ticket Sales Act, Which Prohibits Seling or Offering to Selt Tickets Purchased Limits or Purchasing Rules. Control Systems. ”