Live Nation Answers The Federal Investigation Into Ticket Pricing and Practices with Support of a “Fair Ticketing Act”


(PRNewsfoto/Live Nation Entertainment)

 

Live Nation /Ticketmaster have come under fire in recent years for what many concertgoers and bands decry as price fixing and artificially inflating ticket pricing, and scalping/reselling. The brand has been under investigation by the US Government after a major public outrage by fans after ticket fiascos such as Taylor Swift, Bruce Springsteen, Paul McCartney, and recently Blink-182. Live Nation has been the past recipient of ire from metalheads after proof of collusion with bands to create a resale market with major bands, such as Metallica, causing a major embarrassment for the band. In their rebuttal to the case being made against them (one of which is that they hold an unfair monopoly on the entire concert industry) they claim they are not unfair and entrants into the field for ticket sales have caused them to defend their brand. Check out Live Nation’s response to the investigation below. Continue reading