Skip to main contentSkip to navigation Close dialogue1/1 Next image Previous image Toggle captionSkip to navigation Live Nation signage is displayed outside of offices in Hollywood, California. Photograph: Patrick T Fallon/AFP/Getty Images View image in fullscreen Live Nation signage is displayed outside of offices in Hollywood, California.
Photograph: Patrick T Fallon/AFP/Getty Images Live Nation and Ticketmaster accused of allowing ticket brokers to rake in millions from resalesFTC and seven states file lawsuit claiming resellers’ violations of ticket purchasing limits were ignored The US Federal Trade Commission and seven states accused Live Nation and its ticketing arm Ticketmaster of costing fans millions of dollars by tacitly allowing ticket brokers to scoop concert tickets and sell them at a significant markup, the agency said on Thursday.The lawsuit deepens Ticketmaster’s legal woes, which began after its botched 2022 sale of tickets to Swift’s much-hyped Eras tour.Taylor Swift slams Ticketmaster over ‘excruciating’ ticket debacle Read moreLive Nation shares were trading down 2.3% on the news.Ticketmaster, which controls 80% of primary ticketing for major concert venues, ignored brokers’ violations of ticket purchasing limits set by artists, allowing Ticketmaster to reap $3.7bn in resale fees between 2019 and 2024, the FTC alleged.Those actions along with Ticketmaster’s failure to disclose the full price of tickets, including fees, upfront violated consumer protection law, the agency said.Representatives for Ticketmaster and Live Nation did not immediately respond to requests for comment.“The Trump-Vance FTC is working hard to ensure that fans…
Published: September 18, 2025 5:41 pm
Source: The Guardian — Read original