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Jonathan Raa | Nurphoto | Getty Images
The U.S. Federal Trade Commission on Thursday sued Ticketmaster and Live Nation Entertainment over what it called “illegal” ticket resale tactics.
The lawsuit was filed in federal court in California. Seven states joined in the lawsuit, including Florida, Illinois and Virginia.
In the filing, the FTC wrote that the companies “tacitly worked” with scalpers, allowing them to “unlawfully purchase” tickets to increase their profits.
“[Ticketmaster and Live Nation’s] illegal conduct frustrates artists’ desire to maintain affordable ticket prices that fit the needs of ordinary American families, costing ordinary fans millions of dollars every year,” the lawsuit reads.
According to the FTC, Ticketmaster controls roughly 80% of major concert venues’ ticketing, and between 2019 and 2024, consumers spent more than $82 billion purchasing tickets on the platform.
Ticketmaster and Live Nation did not immediately respond to requests for comment.
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