FTC sues Ticketmaster for price-gouging consumer ticket prices

[GoldenTV]

The FTC (Federal Trade Commission) and seven states sued Ticketmaster and its parent company Live Nation for deceptively claimed to impose strict limits on the number of tickets that consumers could purchase for an event, even though ticket brokers routinely and substantially exceeded those limits; and sold millions of tickets, often at much higher cost to consumers, on its resale platform that those brokers obtained in excess of artists’ ticket limits.

FTC also alleged that Ticketmaster deceived the consumers by advertising list prices for tickets that were substantially lower than the actual cost. And then Ticketmaster hid the mandatory fees-which are as high as 44% of the cost of the ticket-that wasn't added until the very end of the transaction. So it failed to clearly detail the extra fees before consumers paid for the tickets.

https://www.ftc.gov/news-events/news...ists-consumers

[opus]

Aren’t they always being sued?

[GoldenTV]

Originally Posted by opus

Aren’t they always being sued?

Yes they have and looks like it hasn't done any good. So Uncle Sam is getting involve