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Chuck Schumer

Ticketmaster Probed on Secondary Sales; Backs Schumer Bill

Authored by Mark Hefflinger on April 6, 2009 - 10:13am.
Washington - Ticketmaster (NASD: TKTM) has been subpoenaed or received requests for information from the Justice Dept., Federal Trade Commission (FTC) and New Jersey's Attorney General over the resale of tickets on secondary ticketing websites, Reuters reported, citing TicketNews.com. Bruce Springsteen and many of his fans complained when they were recently directed to purchase tickets at greatly inflated prices on Ticketmaster's TicketsNow secondary ticket sales website before all available tickets to the concerts on Ticketmaster.com were sold out.
tags: Law | Policy | Music | FTC | DOJ | Ticketing | TicketsNow | Irving Azoff | Chuck Schumer |