faced increased scrutiny<\/a> in recent years, particularly after its system suffered a meltdown as Taylor Swift fans attempted to buy tickets for her “The Eras Tour” in 2022. <\/p>\nThe Justice Department and more than two dozen states sued Ticketmaster and Live Nation last year for allegedly monopolizing the live entertainment industry and driving up ticket prices. <\/p>\n
The FTC\u2019s new lawsuit takes aim at their resale practices. It alleges that the ticketing companies are aware of and aid brokers\u2019 efforts to get around ticket limits by creating numerous Ticketmaster accounts. <\/p>\n
The government underscores that Ticketmaster draws in significant revenues from resales. This allows them to \u201ctriple dip\u201d on fees from broker purchases and sales, as well as consumer purchases of resold tickets, according to the lawsuit. <\/p>\n
\u201cAmerican live entertainment is the best in the world and should be accessible to all of us,\u201d FTC Chair Andrew Ferguson said in a statement. \u201cIt should not cost an arm and a leg to take the family to a baseball game or attend your favorite musician\u2019s show.\u201d <\/p>\n
\u201cThe Trump-Vance FTC is working hard to ensure that fans have a shot at buying fair-priced tickets, and today\u2019s lawsuit is a monumental step in that direction,\u201d he continued. <\/p>\n","protected":false},"excerpt":{"rendered":"
The Federal Trade Commission (FTC) and seven states sued Ticketmaster and its parent company Live Nation on Thursday, ...<\/p>","protected":false},"author":1,"featured_media":678,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[7],"tags":[],"_links":{"self":[{"href":"https:\/\/globaltaalenthq.com\/index.php\/wp-json\/wp\/v2\/posts\/676"}],"collection":[{"href":"https:\/\/globaltaalenthq.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/globaltaalenthq.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/globaltaalenthq.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/globaltaalenthq.com\/index.php\/wp-json\/wp\/v2\/comments?post=676"}],"version-history":[{"count":1,"href":"https:\/\/globaltaalenthq.com\/index.php\/wp-json\/wp\/v2\/posts\/676\/revisions"}],"predecessor-version":[{"id":677,"href":"https:\/\/globaltaalenthq.com\/index.php\/wp-json\/wp\/v2\/posts\/676\/revisions\/677"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/globaltaalenthq.com\/index.php\/wp-json\/wp\/v2\/media\/678"}],"wp:attachment":[{"href":"https:\/\/globaltaalenthq.com\/index.php\/wp-json\/wp\/v2\/media?parent=676"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/globaltaalenthq.com\/index.php\/wp-json\/wp\/v2\/categories?post=676"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/globaltaalenthq.com\/index.php\/wp-json\/wp\/v2\/tags?post=676"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}