FTC accuses Live Nation, Ticketmaster of colluding with ticket brokers

Core Viewpoint - The U.S. Federal Trade Commission is suing Live Nation and Ticketmaster for allegedly allowing ticket brokers to violate policies, resulting in millions of concert tickets being sold to fans at inflated prices [1] Group 1 - The lawsuit claims that Live Nation and Ticketmaster tacitly permitted ticket brokers to bypass their policies [1] - The agency highlighted that this practice led to significant markups on tickets sold to fans [1] - The action taken by the FTC indicates a regulatory push against perceived unfair practices in the ticketing industry [1]