Commercial Awareness Compass
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?
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