An undercover investigation by the CBC and Toronto Star found Ticketmaster representatives at a Las Vegas convention, actually helping scalpers with hundreds of accounts making huge purchases. EDITOR’S NOTE: The report as originally broadcast stated that a government report found Ticketmaster and parent company LiveNation had used their monopoly position to drive up prices. That characterization should have been attributed to NJ congressman Bill Pascrell. The GAO report he cited can be found here: NBC News reports the Justice Department is investigating Ticketmaster.
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Ticketmaster Accused Of Scheming With Scalpers | NBC Nightly News
Wow, not fair. Some companies are ruthless for money now.
Bring back the guy in the trench coat selling tickets in the back alley. That was more transparent than what ticket brokers and Live Nations (TM/StubHub et al) are doing. I tried to get BTS tickets (for any show that I could), and it was a bloodbath. Tickets that were originally $60 were resold for $300. Many tickets were listed at $700+. It completely prices out many middle and low income people. Thank you, government, for the lack of regulation that has led to the monopoly and unethical-but-still-technically-legal practices that has created this system.
It’s organized crime.