Competition Bureau sues Ticketmaster, Live Nation over 'deceptive' pricing [Business News Network (BNN) Energy & Resources (Canada)]
Live Nation Entertainment, Inc. (LYV)
Last live nation entertainment, inc. earnings: 10/31 04:01 pm
Check Earnings Report
US:NYSE Investor Relations:
livenationentertainment.com/investor-relations
Company Research
Source: Business News Network
Competition Bureau sues Ticketmaster, Live Nation over 'deceptive' pricing Ticketmaster and its parent company Live Nation Entertainment, Inc. allegedly used a deceptive practice known as drip pricing that saw customers pay sometimes more than 65 per cent above the advertised price, says the Competition Bureau. The law enforcement watchdog said in a statement Thursday that it has filed an application with the Competition Tribunal, asking it to end the alleged practice and make the companies pay an administrative monetary penalty. Findings from its investigation allege that Ticketmaster's advertised prices deceived consumers by adding more mandatory costs -- like service fees, facility charges or order processing fees, depending on the ticket -- later on in the purchasing process. This so-called drip pricing allegedly caused consumers to pay much higher prices than advertised -- often more than 20 per cent higher and sometimes more than 65 per cent more, the bureau said. "Ticketmaster
Show less
Read more
Impact Snapshot
Event Time:
LYV
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
LYV alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
LYV alerts
High impacting Live Nation Entertainment, Inc. news events
Weekly update
A roundup of the hottest topics
LYV
News
- Live Nation's Concert Week offers $25 tickets. Here's what you need to know [CBS News]CBS News
- Why Live Nation Rallied Today [Yahoo! Finance]Yahoo! Finance
- The Lede Company Hires Kimberly Bernhardt As Senior Exec In Strategic Communications Division [Yahoo! Finance]Yahoo! Finance
- Live Nation (LYV) Q1 Earnings Miss, Revenues Top Estimates [Yahoo! Finance]Yahoo! Finance
- Live Nation Entertainment, Inc. (NYSE:LYV) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
LYV
Earnings
- 5/2/24 - Miss
LYV
Sec Filings
- 5/2/24 - Form 10-Q
- 5/2/24 - Form 8-K
- 4/29/24 - Form ARS
- LYV's page on the SEC website