Ticketmaster Announces Policy Changes
Ticketmaster has announced significant policy changes following a Federal Trade Commission lawsuit, 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
The policy changes represent a notable shift in how Ticketmaster will handle resale operations moving forward.
Ticketmaster vehemently denied accusations that it collaborated with scalpers to inflate ticket prices through resale schemes.
Author's summary: Ticketmaster changes policies after FTC lawsuit.