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Ticketmaster and its parent company, Live Nation, are in the crosshairs of US regulators, accused of colluding with ticket resellers to inflate prices and profit from fans eager to see their favourite artists live. The Federal Trade Commission (FTC), joined by multiple US states, claims they helped brokers make billions through artificial scarcity and sky-high resale fees.
This isn’t just about a few overpriced gigs. It’s a challenge to Ticketmaster’s grip on an industry it dominates, raising questions of market abuse, consumer fairness, and reputational fallout. Could this lawsuit break up a monopoly? How will regulators in the UK and EU respond? And what exactly are lawyers doing behind the scenes?
The Commercial Awareness Compass by AllAboutLaw, helps you build your commercial awareness every week with a beginners, intermediate and advanced breakdown of a story from an expert lawyer and trainee solicitor host.
This story was taken from a live conversation a few months ago. If you don't want to wait for these conversations, head over to the Commercial Awareness Compass to get them straight to your inbox each week.
🚀 Boost your commercial awareness: https://www.allaboutlaw.co.uk/commercial-awareness-compass
By AllAboutLawTicketmaster and its parent company, Live Nation, are in the crosshairs of US regulators, accused of colluding with ticket resellers to inflate prices and profit from fans eager to see their favourite artists live. The Federal Trade Commission (FTC), joined by multiple US states, claims they helped brokers make billions through artificial scarcity and sky-high resale fees.
This isn’t just about a few overpriced gigs. It’s a challenge to Ticketmaster’s grip on an industry it dominates, raising questions of market abuse, consumer fairness, and reputational fallout. Could this lawsuit break up a monopoly? How will regulators in the UK and EU respond? And what exactly are lawyers doing behind the scenes?
The Commercial Awareness Compass by AllAboutLaw, helps you build your commercial awareness every week with a beginners, intermediate and advanced breakdown of a story from an expert lawyer and trainee solicitor host.
This story was taken from a live conversation a few months ago. If you don't want to wait for these conversations, head over to the Commercial Awareness Compass to get them straight to your inbox each week.
🚀 Boost your commercial awareness: https://www.allaboutlaw.co.uk/commercial-awareness-compass