05/23/2024
We are looking forwad to the outcome of this issue. For years, Ticketmaster has caused event organizers to charge more for the same product due to the "exclusive" and forced usage of their services by venues. Although we do believe Ticketmaster does offer a good product, it does force the hands of event organizers to raise prices from 10% to 35% or more in some cases to cover the fees charged and forced upon us.
This is why many other ticket outlets have popped up, however, this also has a lot to do with the government agencies and contracts entered in to for venues that may be owned by the city/county/state where kickbacks are provided.
This suit may very well show the truth behind those most benefitting. If the local/county/state governments who own these venues are asking for kickbacks and commissions, we need to hold all accountable who are causing the increase, not just Ticketmaster/Live Nation.
The agency says the company and its subsidiary, Ticketmaster, have an illegal monopoly over live-event tickets that drives up prices for fans.