The US Market Watchdog FTC and Seven US States Have Filed A Lawsuit Against Ticketmaster and Parent Company Live Nation. The complaint alleges that the company has done too little to combat large-scale illegal resale of tickets and is profiting from it.
The Ticket Company Allegedly Did Not Take Sufficient Action Against Ticket Bots. This is software that parties use to buy up tickets in order to resell them at a highher price.
Moreover, Ticketmaster would Benefit from this. The Company Earned Money From The Initial Sale and From Fees On Resale, From Both Buyers and Sellers.
Accordance to the ftc, an internal document would show that the company “policy-wise turns a blind eye” to violations of purchase limits. Illegal Resellers would just have recurred help from the company.
In Addition, Ticketmaster Advertised Lower Prices Than Customers Ultimately Paid for Tickets, Accordination to the FTC. The Watchdog is Demanding a Fine for the Company, which accordance to the ftc is the Largest Seller of Concert Tickets.