US Regulators Sue Ticketmaster and Live Nation Over Alleged Illegal Ticket Resale Scheme
US regulators have filed a lawsuit against Ticketmaster and its parent company Live Nation, accusing them of working with ticket brokers to inflate prices and reap billions of dollars in illegal profits from concertgoers. The Federal Trade Commission (FTC), joined by seven states, alleges that the entertainment giant conspired with brokers to acquire tickets for…