We collect cookies to analyze our website traffic and performance; we never collect any personal data. Cookies Policy
Accept
AsolicaAsolicaAsolica
  • Home
  • Business
  • Crypto
  • Finance
  • Marketing
  • Startup
Reading: Ticketmaster accused by FTC of conspiring with brokers to purchase live performance tickets at face value, get a kickback at larger resale | Fortune
Share
Font ResizerAa
AsolicaAsolica
Font ResizerAa
  • Home
  • Business
  • Crypto
  • Finance
  • Marketing
  • Startup
Follow US
© 2025 Asolica News Network. All Rights Reserved.
Asolica > Blog > Business > Ticketmaster accused by FTC of conspiring with brokers to purchase live performance tickets at face value, get a kickback at larger resale | Fortune
Business

Ticketmaster accused by FTC of conspiring with brokers to purchase live performance tickets at face value, get a kickback at larger resale | Fortune

Admin
Last updated: September 19, 2025 11:26 am
Admin
1 month ago
Share
Ticketmaster accused by FTC of conspiring with brokers to purchase live performance tickets at face value, get a kickback at larger resale | Fortune
SHARE

The Federal Commerce Fee and a bipartisan group of state attorneys common sued Ticketmaster and its father or mother firm Thursday, saying they’re forcing customers to pay extra to see reside occasions by way of a wide range of unlawful ways.

The FTC mentioned Dwell Nation and its subsidiary, Ticketmaster, have deceived artists and customers by promoting decrease ticket costs than what customers should pay and falsely claiming to impose strict limits on the variety of tickets customers should purchase for an occasion.

In actuality, the FTC mentioned, Ticketmaster coordinates with ticket brokers who bypass these ticket limits. The FTC mentioned brokers use faux accounts to purchase up hundreds of thousands of {dollars} price of tickets after which promote them at a considerable markup on Ticketmaster’s platform. Ticketmaster advantages from the extra charges it collects from these gross sales, the FTC mentioned.

The Related Press left messages looking for remark Thursday with Beverly Hills, California-based Dwell Nation Leisure.

Ticketmaster controls 80% or extra of main U.S. live performance venues’ major ticketing, in line with the FTC. Customers spent greater than $82.6 billion shopping for tickets from Ticketmaster between 2019 and 2024, the company added.

“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,” FTC Chairman Andrew Ferguson mentioned in a press release.

The lawsuit was filed within the U.S. District Court docket for the Central District of California. Becoming a member of the lawsuit had been the attorneys common of Colorado, Florida, Illinois, Nebraska, Tennessee, Utah and Virginia.

Ticketmaster has been in lawmakers’ sights since 2022, when it spectacularly botched ticket gross sales for Taylor Swift’s Eras Tour. The corporate’s web site was overwhelmed by followers and assaults from brokers’ bots, which had been scooping up tickets to promote on secondary websites. Senators grilled Dwell Nation in a 2023 listening to.

However reform within the business has been sluggish. The Biden administration took motion with a ban on junk charges, requiring Ticketmaster to show the complete value of a ticket as quickly as customers start procuring. That rule went into impact in Might.

President Donald Trump has additionally taken purpose on the business. In March, with Child Rock by his facet within the Oval Workplace, Trump signed an govt order directing U.S. officers to make sure ticket resellers are complying with Inner Income Service guidelines. The order additionally directed the FTC to “take enforcement action to prevent unfair, deceptive, and anti-competitive conduct in the secondary ticketing market.”

In August, the FTC sued Maryland-based ticket dealer Key Funding Group use, alleging it has used 1000’s of fictitious Ticketmaster accounts and different strategies to purchase tickets for occasions, together with Swift’s tour.

Fortune World Discussion board returns Oct. 26–27, 2025 in Riyadh. CEOs and international leaders will collect for a dynamic, invitation-only occasion shaping the way forward for enterprise. Apply for an invite.

After Stellantis dumps Canada for $13 billion transfer to U.S., Ontario premier urges battle again towards ‘actual piece of labor’ Trump | Fortune
Earnings: Paychex Q1 adj. revenue rises on increased revenues, beats Avenue view | AlphaStreet
Sinclair reveals that it requested ABC to create a CBS-like ombudsman whereas backing down on Jimmy Kimmel suspension | Fortune
Following stable H1 outcomes, is it time for me to purchase this 10.4%-yielding passive revenue star?
Kingfisher’s share worth is hovering! Is now the time to purchase?
TAGGED:accusedbrokersbuyconcertconspiringfaceFortuneFTChigherkickbackPriceresaleTicketmastertickets
Share This Article
Facebook Email Print
Previous Article HBAR Worth’s Rebound Will depend on Bitcoin’s Efficiency HBAR Worth’s Rebound Will depend on Bitcoin’s Efficiency
Next Article These 2 dividend shares have elevated their annual revenue funds for a number of many years These 2 dividend shares have elevated their annual revenue funds for a number of many years
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow US

Find US on Social Medias
FacebookLike
XFollow
YoutubeSubscribe
TelegramFollow
Popular News
Why inflation might worsen earlier than it will get higher
Finance

Why inflation might worsen earlier than it will get higher

Admin
By Admin
1 month ago
Groundbreaking glam rockers Kiss mourn ‘Spaceman’ guitarist as Ace Frehley dies at 74 | Fortune
What To Anticipate From ASTER Value Amid BNB Altcoin Increase
Gold slips on Fed fee transfer, however investor worries about inflation and extra persist
Netflix (NFLX) studies robust development in Q3 income and earnings | AlphaStreet

You Might Also Like

Some on social media say taping your mouth shut is a sleep hack. However it’s not backed by science, and well being dangers embrace suffocation | Fortune

Some on social media say taping your mouth shut is a sleep hack. However it’s not backed by science, and well being dangers embrace suffocation | Fortune

4 weeks ago
Oracle founder Larry Ellison has pledged to offer away 95% of his 3B fortune—however sudden management adjustments gas a thriller | Fortune

Oracle founder Larry Ellison has pledged to offer away 95% of his $393B fortune—however sudden management adjustments gas a thriller | Fortune

1 month ago
South Korea unable to pay 0 billion in money underneath commerce pact | Fortune

South Korea unable to pay $350 billion in money underneath commerce pact | Fortune

4 weeks ago
CEOs at Brainstorm Tech in Park Metropolis reveal what’s holding them again in AI and commerce | Fortune

CEOs at Brainstorm Tech in Park Metropolis reveal what’s holding them again in AI and commerce | Fortune

2 months ago
about us

Welcome to Asolica, your reliable destination for independent news, in-depth analysis, and global updates.

  • Home
  • Business
  • Crypto
  • Finance
  • Marketing
  • Startup
  • About Us
  • Contact Us
  • Privacy Policy
  • Cookie Policy
  • Disclaimer
  • Terms & Conditions

Find Us on Socials

© 2025 Asolica News Network. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?