FTC Sues Live Nation & Ticketmaster Over Resale Tactics, Deceptive Pricing

The Federal Trade Commission with seven states has sued giant Live Nation and its Ticketmaster subsidiary for raising ticket prices by illegally working with scalpers and deceptive bait-and-switch pricing. Much-sued Live Nation controls roughly 80% or more of major concert venues primary ticketing for concerts and a growing share of ticket resales in the secondary []