FTC sues Ticketmaster, Live Nation
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Tired of high ticket prices with exorbitant fees adding to the cost? So is the FTC, which alleges in a lawsuit filed with seven states that Tickemaster and its parent firm Live Nation essentially coll
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The Federal Trade Commission filed a lawsuit against Ticketmaster on Thursday, accusing the online broker of raking in profits through exorbitant fees and turning a blind eye as bots illegally resell millions of tickets to customers.
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The U.S. Federal Trade Commission is investigating whether Live Nation's Ticketmaster is doing enough to prevent bots from illegally reselling tickets on its platform, Bloomberg News reported on Monday.