Taylor Swift And Beyoncé Fans Accuse Ticketmaster Of Price Gouging In New Lawsuit [Forbes]
Live Nation Entertainment, Inc. (LYV)
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Source: Forbes
Nation of price gouging, alleging both companies have colluded with venues to increase the price of tickets—marking the latest complaint against Ticketmaster following a federal antitrust lawsuit filed earlier this year. A federal antitrust lawsuit was filed against the company and its parent firm Live Nation earlier ... [+] this year. SOPA Images/LightRocket via Getty Images Key Facts Kinder Law filed a lawsuit Friday in the Superior Court of California in Los Angeles County accusing Ticketmaster and Live Nation of breach of contract, fraud, negligence, negligent misrepresentation and antitrust violations. The latest complaint—representing 365 fans of Swift, Beyoncé, The Cure and others—expands on an earlier case filed by the law firm in December 2022 and alleges Ticketmaster and Live Nation have engaged in a “pattern of racketeering activity” while violating the Racketeer Influenced and Corrupt Organizations Act (RICO). Live Nation and Ticketmaster “exploit” a relationsh
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LYV
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- 11/11/24 - Beat
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