Ticketmaster's parent company, Live Nation, said it will begin limiting everyone, including ticket brokers, to one account amid accusations that the company colluded with ticket scalpers.
Live Nation revealed the new policy in a letter to Sens. Marsha Blackburn and Ben Ray Luján, who sent an inquiry to the company following a lawsuit by the Federal Trade Commission.
The FTC said Ticketmaster and Live Nation coordinated with third-party ticket brokers and allowed them to harvest millions of dollars’ worth of tickets. Those tickets were then sold at prices well above face value in the secondary market, the FTC said.
The suit alleges the companies were aware that ticket brokers used fake IP addresses to get around ticket-buying limits meant to prevent brokers from purchasing tickets in lar