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5. It's even worse than that.... Ticketmaster works with scalpers earning fees twice and driving up prices

Tue Mar 3, 2026, 10:28 PM

20 hrs ago

Ticketmaster and Live Nation allow 'brokers" (i.e. scalpers) to purchase large amounts of tickets and then turn around and sell them for huge markups, while the ticket companies earn commissions and fees twice.

https://www.rollingstone.com/music/music-news/ftc-sues-live-nation-ticketmaster-scalpers-1235430610/

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7 members have recommended this reply (displayed in chronological order):

9 replies

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Highlight:

'The concert ticket industry is broken,' justice department says as Ticketmaster trial begins [View all] BumRushDaShow 22 hrs ago OP

This is a good entre into monopoly awareness for the uninitiated. vanlassie 22 hrs ago #1

The overcharge is wayyy more than $1.72! unblock 22 hrs ago #2

THANK YOU! raccoon 13 hrs ago #9

"concert ticket industry is broken" Intractable 21 hrs ago #3

Back in the day (early 70's) .... reACTIONary 20 hrs ago #4

One of the main problems is media format. Xolodno 17 hrs ago #7

Not just concerts, but sporting events, too Deminpenn 14 hrs ago #8