Capital Wire News
Search
  • Business
  • Global
  • Market
  • Stock News
  • Technology
  • Economy
  • Energy
  • Personal Finance
Reading: FTC Sues Ticketmaster Over Resale Tactics
Share
Font ResizerAa
Capital Wire NewsCapital Wire News
  • Business
  • Global
  • Market
  • Stock News
  • Technology
  • Economy
  • Energy
  • Personal Finance
Search
  • Business
  • Global
  • Market
  • Stock News
  • Technology
  • Economy
  • Energy
  • Personal Finance
Follow US
Home » FTC Sues Ticketmaster Over Resale Tactics
Business

FTC Sues Ticketmaster Over Resale Tactics

By
Last updated:
3 Min Read
Share
ftc-sues-ticketmaster-over-resale-tactics

Lawsuit Filed in Federal Court

The U.S. Federal Trade Commission (FTC) has filed a lawsuit against Ticketmaster and its parent company, Live Nation Entertainment, accusing them of engaging in “illegal” ticket resale practices. The case was filed in federal court in California with support from seven states, including Florida, Illinois and Virginia.

Alleged Illegal Practices

The FTC claims Ticketmaster and Live Nation “tacitly worked” with scalpers, allowing unlawful ticket purchases that increased profits while hurting consumers. The complaint accuses the company of using a “bait and switch” pricing model, enabling it to alter advertised prices and raise total costs for fans. The filing also states that the companies deliberately allowed brokers to exceed ticket limits and violated the Better Online Ticket Sales Act.

Triple Dipping Allegations

According to the FTC, Ticketmaster engaged in “triple dipping,” collecting fees from brokers on both the primary and secondary markets, in addition to fees from consumers. Between 2019 and 2024, the company allegedly generated $3.7 billion from ticket resales. The agency argues these practices harmed both consumers and artists by inflating costs and undermining efforts to keep tickets affordable.

Market Impact

FTC Chairman Andrew Ferguson said, “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 musician’s show.” The commission noted that Ticketmaster controls about 80% of ticketing at major U.S. concert venues. Between 2019 and 2024, fans spent over $82 billion on tickets through the platform.

Industry and Legal Context

Shares of Live Nation dropped about 2% following the lawsuit announcement. Ticketmaster is also facing scrutiny in the U.K. for its “dynamic pricing” model used in Oasis reunion concert sales. In the U.S., the Justice Department has an ongoing antitrust lawsuit against Live Nation and Ticketmaster, arguing the companies hold a monopoly over the live event ticketing industry. That case followed intense criticism of the 2022 Taylor Swift Eras Tour ticket rollout.

The FTC’s lawsuit adds to growing legal pressure on Ticketmaster and Live Nation as regulators push back against the dominance and pricing practices of the live entertainment giant. The outcome could reshape the ticketing landscape for fans, artists and venues alike.

TAGGED:antitrustbait and switchdynamic pricingFTCLive NationOasisscalpersTaylor Swiftticket resaleTicketmaster
Share This Article
Facebook Email Copy Link Print

HOT NEWS

gold-steady-ahead-of-key-us-inflation-data

Gold Steady Ahead of Key US Inflation Data

Commodities
about-700-killed-in-tanzania-election-protests,-opposition-says

About 700 Killed in Tanzania Election Protests, Opposition Says

Violence Erupts After Opposition Candidates Barred from Presidential Race Roughly 700 people have been killed…

new-u.s.-tariffs-may-raise-prices-for-everyday-goods

New U.S. Tariffs May Raise Prices for Everyday Goods

American consumers are bracing for rising prices as the Trump administration rolls out a sweeping…

germany-halts-military-exports-to-israel-over-gaza-war

Germany Halts Military Exports to Israel Over Gaza War

Germany has paused all military exports to Israel that could be used in Gaza, marking…

YOU MAY ALSO LIKE

Newsmax Pays $67M in Defamation Case Settlement

After years of lawsuits over false claims about the 2020 election, conservative media network Newsmax has agreed to pay $67…

Business

Cracker Barrel Restores Logo After Backlash

Shares of Cracker Barrel Old Country Store surged more than 8% on Wednesday after the company announced it would scrap…

Business

Amazon Faces FTC in Prime Membership Trial

Trial over alleged deception begins in Seattle Amazon and the Federal Trade Commission (FTC) began their long-anticipated trial this week…

Business

Historic Pact Protects Mayan Jungle Across Three Nations

In a groundbreaking environmental agreement, the leaders of Mexico, Guatemala, and Belize announced the creation of a tri-national nature reserve…

Business
We use our own and third-party cookies to improve our services, personalise your advertising and remember your preferences.

Links

  • About
  • Contact
  • Privacy Policy
  • Terms & Conditions

© 2025 Island Marketing. All Rights Reserved.

Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?