Ticketmaster is being investigated to determine if they do enough to stop resale bots

[TaylorSwift 164,468]

Live Nation Inc.’s Ticketmaster is being probed by the US Federal Trade Commission over whether it’s done enough to keep bots from illegally reselling tickets on its platform.

The investigation is focused on Ticketmaster’s compliance with a law meant to prevent automated ticket resales, according to people familiar with the matter. The probe is at advanced stages and a decision whether to bring a case could be made within weeks, said some of the people, who asked not to be named discussing a confidential investigation.

A settlement is also possible. If a case were brought and the company lost, Live Nation could be on the hook for billions of dollars as the law allows potential penalties of $53,000 per violation.

[nATAH 58,684]

it's not

case closed

next

[HeARTPOP 49]

Nope cause they're the resellers. 

[Guest]

I hope Ticketmaster suffers a lot 

[LauraPalmer 1,773]

they’re always being “investigated” it feels like but i hope something actually comes of it this time. 

[Fatigay 21,243]

It WANTS resales to happen to get a % off of them. SO many tickets for resale today for gaga in Montréal, many up to 5x the original price. These are not "oh I can't go anymore" tickets. These are personal profit oriented resales. Should be illegal, or capped off to 10% more than the original price, but this will never happen.

Dynamic pricing should also be outlawed but it never will.

[MichellePfieffer 229]

Resale fees need to be completely banned or nothing will ever change 

[Gabe 2,633]

1 hour ago, thierryrreiht said:

It WANTS resales to happen to get a % off of them. SO many tickets for resale today for gaga in Montréal, many up to 5x the original price. These are not "oh I can't go anymore" tickets. These are personal profit oriented resales. Should be illegal, or capped off to 10% more than the original price, but this will never happen.

Dynamic pricing should also be outlawed but it never will.

Totally agree, the Montreal tickets were outrageous today. 

[Plastic Flower 5,589]

I mean, they ****ing endorse it lol. Oh and allowing 8 tickets for 1 account? Yeah no wonder scalpers get so many.

[Lord Mayhem 3,733]

Of course not 

[southpaw773 4,454]

3 hours ago, elsamars said:

I hope Ticketmaster suffers a lot 

Live Nation and Ticketmaster need to be completely obliterated by the Federal Trade Commission. Periodt.