Ticketmaster Unveils Plan to Crack Down on Scalpers Amid Mounting Criticism
Ticketmaster announces new anti-scalping measures, including account bans and shutting down TradeDesk, amid FTC lawsuit.
Ticketmaster faces growing criticism and a lawsuit from the Federal Trade Commission (FTC) for letting scalpers buy large amounts of tickets and resell them at high prices.
- Ban multiple accounts
- Shut down its TradeDesk resale tool
- Require tax ID verification for resellers
The lawsuit "presents a distorted view of the facts and the law" - Daniel Wall, Live Nation's Executive Vice President
The company aims to get more tickets into the hands of real fans.
Author's summary: Ticketmaster fights ticket scalping.