Ticketmaster is gaslighting everyone about scalpers again while fighting federal regulators. The ticketing monopoly and Live Nation petitioned a California court to trash a complaint filed via the Federal Trade Commission regarding resale abuse. Legal teams claim this enforcement constitutes regulatory overreach since the BOTS Act targets automated harvesting scripts rather than the actual marketplace facilitators.
Regulators argue that the vendor intentionally permits scalpers to grab huge blocks of inventory during drops. The suit alleges the corporation turns a blind eye because they collect fees three separate times from the initial sale and the subsequent flip.
Executives insist the legislation exists to protect issuers instead of punishing them. Dan Wall claims that holding the platform liable for third-party circumvention attempts tries to rewrite congressional statutes through litigation. He states that secondary market fees generate merely three percent of total revenue.
Management recently told senators they plan to ban users who operate multiple profiles. This specific legal headache remains separate from the Department of Justice antitrust case and a consumer class action alleging the firm secretly funneled passes to brokers through inventory banks.
Regulators argue that the vendor intentionally permits scalpers to grab huge blocks of inventory during drops. The suit alleges the corporation turns a blind eye because they collect fees three separate times from the initial sale and the subsequent flip.
Executives insist the legislation exists to protect issuers instead of punishing them. Dan Wall claims that holding the platform liable for third-party circumvention attempts tries to rewrite congressional statutes through litigation. He states that secondary market fees generate merely three percent of total revenue.
Management recently told senators they plan to ban users who operate multiple profiles. This specific legal headache remains separate from the Department of Justice antitrust case and a consumer class action alleging the firm secretly funneled passes to brokers through inventory banks.
