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Thehe Federal Trade Commission (FTC) On Thursday, she filed a lawsuit against Ticketmaster and her corporate parent, Live Nation, accusing companies of fraud for contractors and consumers for pricing and ticket restrictions.
Seven states have joined FTC’s trial against Ticketmaster and Live Nation for suspected participation in tacit coordination with brokers who have allowed to raise millions of dollars in the open market.
According to the complaint, Ticketmaster and Live Nation They then sold the illegally collected tickets with a considerable mark -up, which made consumers in the secondary market pay significantly more than the nominal value.
The FTC trial has also accused tickets for artists and consumers fraud by pricing lures and switching by advertising lower prices than actual purchase cost They receive in the stay, getting in the stay, getting in the distinguishing of tickets.
FTC has accused Ticketmaster of fraud for contractors and ticket users. (Kevin Dietsch / Getty Images; Getty / Getty Images)
FTC Chairman Andrew Ferguson said the president Donald Trump The executive order has made it clear that the federal government “must protect Americans from breaking when buying live events.”
“American Live Entertainment is the best in the world and should be accessible to all of us. It should not cost a hand and leg to take a baseball game or attend the show of your favorite musician. FTC Trump-Vance is working hard to ensure that fans are in the purchase of direction, “adds Ferguson.
FTC’s claim claims that Ticketmaster’s practices violate a ban on FTC law Deceit or practices, as well as the law of better online ticket sales (bots). The agency is looking for civil penalties against Ticketmaster and additional monetary relief.
The FTC trial of Ticketmaster has joined seven states. (Andrew Harrer / Bloomberg via Getty Images / Getty Images)
Live Nation’s Executive Director praised Trump’s executive order against “Ticket Sandpatizing”
Trump signed an enforcement order in March, which aims to terminate the prices from ticket distributors. The order directed the FTC to impose the Bot Act, to promote the transparency of price sales and also to break up with deceptive or anticonuticious behavior.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| Liv | Live Nation Entertainment Inc. | 163.69 | -0.96 |
-0.58% |
Last year under Biden administrationFTC and the Ministry of Justice filed a lawsuit against Ticketmaster, claiming that antitrust violations accusing the live nation of having a monopoly on live events. The trial may lead to the live nation is forced to sell tickets.
Ticketmaster’s Ticketmaster Ticketmaster ticket problems in 2022 caused a trial of fans as well as federal control. (Kevin Winter/Tas23/Getty Images to Manage TAS/Getty Images Rights)
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The Antitrust case followed a dispute when the Ticketmaster website collapsed during a pre -sale event for Taylor Swift’s Eras Tour In November 2022, which led to the scalpers purchased a significant number of tickets, which were later sold in large markings in the secondary market.
Fox Business addressed Live Nation and Ticketmaster for comment.
2025-09-18 15:40:30
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