FTC Accuses Ticketmaster, Live Nation Of Colluding With Aftermarket Ticket Brokers
The US government has long had its sights set on Live Nation and Ticketmaster, the behemoth concert promoter and ticket seller, which merged in 2010. Last year the Justice Department filed an antitrust lawsuit against Live Nation Entertainment, while the House of Representatives passed the TICKET Act, which demands transparency in ticket pricing. (It failed to become law before the current congressional term began in January; another version of the TICKET Act was introduced in February, but it’s yet to pass the House or Senate.)
The US government has long had its sights set on Live Nation and Ticketmaster, the behemoth concert promoter and ticket seller, which merged in 2010. Last year the Justice Department filed an antitrust lawsuit against Live Nation Entertainment, while the House of Representatives passed the TICKET Act, which demands transparency in ticket pricing. (It failed to become law before the current congressional term began in January; another version of the TICKET Act was introduced in February, but it’s yet to pass the House or Senate.)
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