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The FTC and seven states have sued Ticketmaster and its parent company Live Nation for allegedly “deceptive” ticket resale tactics, according to a press release Thursday. The federal regulatory agency says that Ticketmaster is “tacitly coordinating with brokers,” allowing them to buy millions of dollars worth of tickets, just to resell them at a higher cost to the person who actually wants to attend a given concert.
The FTC says Ticketmaster is also…
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The FTC and seven states have sued Ticketmaster and its parent company Live Nation for allegedly “deceptive” ticket resale tactics, according to a press release Thursday. The federal regulatory agency says that Ticketmaster is “tacitly coordinating with brokers,” allowing them to buy millions of dollars worth of tickets, just to resell them at a higher cost to the person who actually wants to attend a given concert.
The FTC says Ticketmaster is also…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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