FTC Lawsuit Reveals Ticketmaster Allegedly Assisted Scalpers in Price Gouging Scheme
By
dthread3
Properly proved. Has structure, has flavour, has a point.
Summary
The FTC has sued Ticketmaster and Live Nation, alleging that internal emails reveal the companies knowingly helped scalpers exploit the ticket market. According to the complaint, Ticketmaster employees were aware of abusive practices where scalpers would hire hundreds of people to bypass ticket limits and then resell tickets at inflated prices through Ticketmaster's own resale platform. The company was allegedly financially motivated to ignore these practices despite internal warnings from engineers who advocated for customers.
Key quotes
· 3 pulled"We have a guy that hires 1,000 college kids to each buy the ticket limit of 8, giving him 8,000 tickets to resell"
"employees occasionally flagged abuse behavior that Ticketmaster and Live Nation were financially motivated to ignore"
"fans can't tell the difference between Ticketmaster-supported brokers—which make up the majority of its resale market—and scalpers accused of 'abuse'"
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