Ticketmaster Announces Policy Changes
Following a Federal Trade Commission lawsuit, Ticketmaster has announced significant policy changes, while denying accusations of collaborating with scalpers to inflate ticket prices.
Live Nation’s Executive Vice President, Daniel M. Wall, outlined the new measures in a letter to US senators on October 17th, responding to the FTC’s September lawsuit.
- Restricting resellers and brokers to a single verified account
- Requiring unique taxpayer identification numbers for all resale accounts
Ticketmaster has vehemently denied accusations that it collaborated with scalpers to inflate ticket prices through resale schemes.
Author's summary: Ticketmaster changes policies after FTC lawsuit.