Ticketmaster Announces Policy Changes
Ticketmaster has announced significant policy changes following a Federal Trade Commission lawsuit, while vehemently denying accusations that it collaborated with scalpers to inflate ticket prices through resale schemes.
Live Nation’s Executive Vice President Daniel M. Wall outlined the ticketing giant’s new measures in a letter to US senators on October 17th, responding to the FTC’s September lawsuit which accused Ticketmaster of engaging in illegal practices that harm both artists and consumers.
- Restricting resellers and brokers to a single verified account
- Requiring unique taxpayer identification numbers for all resale accounts
Ticketmaster has vehemently denied accusations that it collaborated with scalpers to inflate ticket prices through resale schemes.
Author summary: Ticketmaster changes policies after FTC lawsuit.