Ticketmaster and its parent company, Live Nation Entertainment, have long been the target of ire from musicians and concertgoers alike due to their use of hidden fees and the prevalence of ticket scalpers on their platforms. Last year, under President Joe Biden, the United States Justice Department sued Live Nation, alleging that the company holds a monopoly in the concert market. Now, the Federal Trade Commission and seven states are filing suit against the concert giant for allegedly violating the FTC Act and the Better Online Ticket Sales Act by knowingly collaborating with secondary market brokers to spike ticket prices.
The FTC’s lawsuit, filed this morning (Thursday, September 18) in a California court, alleges that Live Nation has falsely claimed to place caps on the number o