Ticketmaster, Live Nation face US lawsuit over ticket resale
Source: BBC
US regulators have sued Ticketmaster and its parent company Live Nation, accusing the companies of employing illegal ticket resale tactics and costing consumers millions of dollars in the process.The Federal Trade Commission, along with seven states, said the entertainment giant coordinated with brokers to buy concert tickets and ultimately sell those tickets at a "substantial" mark-up, profiting from huge resale…
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