FTC sues Ticketmaster, Live Nation, alleging 'illegal' ticket resale tactics
1. FTC sued Ticketmaster and Live Nation over illegal ticket resale tactics. 2. The lawsuit claims Ticketmaster frustrates affordable ticket pricing for families. 3. Ticketmaster allegedly made $3.7 billion from resold tickets from 2019-2024. 4. Live Nation's shares dropped 2% following news of the lawsuit. 5. Ticketmaster faces another investigation in the U.K. over dynamic pricing.