Ticketmaster seeks to end US FTC's ticket resale case [Yahoo! Finance Canada]
Live Nation Entertainment, Inc. (LYV)
Last live nation entertainment, inc. earnings: 10/31 04:01 pm
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Source: Yahoo! Finance Canada
Federal Trade Commission's case accusing it ?of working with resellers to gouge fans, saying the law it is ?accused of violating applies only to resellers, not ticketing platforms. Ticketmaster and parent company Live Nation urged U.S. District ?Judge Maame Ewusi-Mensah Frimpong to dismiss the case. The Better Online Ticket Sales (BOTS) Act "is designed to help ticket issuers like Ticketmaster" combat abusive resale practices and does not apply to Ticketmaster itself, the company said in court papers filed late on Tuesday. The FTC and seven ?states sued the companies in ?September, alleging that Ticketmaster ignored brokers' violations of ticket purchasing limits set by artists so that it could reap $3.7 billion in resale fees ?between 2019 and 2024. Ticketmaster has known since 2018 that resellers illegally violate its ticket limit policies, the FTC and states said. The BOTS Act passed in 2016 bans circumventing technological measures that ?Ticketmaster and other platforms us
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LYV
Earnings
- 11/4/25 - Miss
LYV
Sec Filings
- 1/9/26 - Form 4
- 1/9/26 - Form 4
- 1/9/26 - Form 4
- LYV's page on the SEC website