Live Nation Says FTC Lawsuit Over Ticket Prices Must Be Tossed Out: ‘Egregious Overreach’

Billboard
Live Nation and Ticketmaster are seeking to dismiss the FTC’s lawsuit alleging they enabled inflated ticket prices, calling the suit an overreach of federal law.

Summary

Live Nation and Ticketmaster have filed a motion to dismiss a lawsuit brought by the Federal Trade Commission (FTC) accusing them of facilitating inflated concert ticket prices through tacit coordination with scalpers. The companies argue the FTC’s case represents an “egregious instance of agency overreach” and misuses the BOTS Act, a law intended to combat scalping, by applying it against a ticket issuer operating a resale platform.

The FTC’s lawsuit, filed last year, claims Live Nation and Ticketmaster engaged in “unfair and deceptive practices” that harmed consumers, allowing brokers to resell tickets at exorbitant prices, particularly during the post-pandemic concert boom. The agency alleges the companies “tacitly coordinated” with brokers, enabling them to harvest millions of tickets despite public rules against it. The average ticket price for stadium shows has risen from $101.77 in 2016 to $150.94 in 2024, according to Billboard Boxscore.

Live Nation and Ticketmaster contend the BOTS Act was designed to target scalpers, not ticket-selling platforms, and that the FTC is attempting to “rewrite” the statute. They also argue that allegations of “bait-and-switch pricing” are now moot as they have implemented all-in pricing that discloses all fees upfront. Despite denying wrongdoing, Live Nation has announced policy changes, including barring brokers from using multiple accounts and requiring Social Security numbers for ticket sales.

(Source:Billboard)

Hindustan Times

The $60.5 million tinder payout: How to claim your settlement cash today | Hindustan Times

Breitbart News Network

How to Check if You Qualify for Google's $135 Million Settlement over Android Phone Data Snooping

Crypto Breaking News

Judge Rules Jenner’s Memecoin Not a Security; Lawsuit Dismissed

Pbs

Federal judge blocks Nexstar-Tegna merger until antitrust lawsuit is resolved

Headtopics

Roblox Settles Nevada Child Safety Lawsuit for $10 Million

Financialcontent

Baron & Budd Finalizes $774 Million Settlement With Albertsons in Nationwide Opioid Litigation

Google News

Archaeological Survey Uncovers Potential French Settlement Sites

The Indianapolis Star

Federal judge blocks Nexstar-TEGNA merger amid antitrust lawsuit

Headtopics

Head of Colorado’s Medicaid agency reached nearly $40,000 settlement with state before resigning

The Arizona Republic

Have you bought this toothpaste? You may be owed money. What it means

Baton Rouge Advocate

Fishermen seek class action suits over Louisiana oil spill

Headtopics

Trump, IRS in talks to resolve $10 billion lawsuit over tax records leak

Econotimes

Trump and IRS in Settlement Talks Over $10 Billion Tax Return Leak Lawsuit - EconoTimes

Mediagazer

A district court judge in California issues a preliminary injunction blocking Nexstar's acquisition of Tegna while an antitrust lawsuit proceeds

Wkmg

Federal judge blocks Nexstar-Tegna TV station merger until antitrust lawsuit is settled