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  • By The Financial District

26 Taylor Swift Fans File Antitrust Suit vs Ticketmaster

More than two dozen Taylor Swift fans are suing Ticketmaster parent Live Nation Entertainment, Inc. for “unlawful conduct” in the pop star’s chaotic tour sale, claiming the ticketing giant violated antitrust laws, among others, Ramishah Mauf reported for CNN Business.


Photo Insert: Pre-sale tickets for “The Eras Tour” frustrated Swift fans across the country in a debacle that stayed in the headlines for weeks.



The lawsuit, filed in a California court on Friday, alleges Ticketmaster and its parent company were anti-competitive, imposing higher prices on fans in the presale, sale and resale market.


It claims Ticketmaster forces concertgoers to exclusively use its site and controlled all registration and access to Swift’s “The Eras Tour.”



The Swifties are seeking a penalty of $2,500 for each violation, which could add up, based on the millions of angered fans who did not receive tickets. The lawsuit also claimed that since Ticketmaster has agreements with the large stadiums in the tour, Swift “has no choice” but to work with Ticketmaster due to the size of her fan base.


It also alleges that Ticketmaster profits off the resale of tickets in the secondary market by adding a service fee to its fan-to-fan exchange.


All the news: Business man in suit and tie smiling and reading a newspaper near the financial district.

“Ticketmaster is a monopoly that is only interested in taking every dollar it can from a captive public,” according to the lawsuit, Frank Pallotta and Jordan Valinsky also reported for CNN.


Pre-sale tickets for “The Eras Tour” frustrated Swift fans across the country in a debacle that stayed in the headlines for weeks. In November, “Verified Fans” were sent a presale code — but when sales began, heavy demand snarled the website and millions of Swifties could not get their hands on a ticket.


Business: Business men in suite and tie in a work meeting in the office located in the financial district.

Presale tickets for Capital One cardholders brought similar frustration — and then Ticketmaster canceled sales to the general public, citing “extraordinarily high demand” and “insufficient remaining ticket inventory.”



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