The Federal Trade Commission on Thursday announced it has settled charges that Ticketmaster and its affiliate TicketsNow used "deceptive bait-and-switch tactics" to sell tickets to 16 Bruce Springsteen concerts last year. The settlement calls for Ticketmaster to refund the difference between the original price of each ticket -- $95 maximum -- and the amount charged by TicketsNow -- up to $400. The FTC also sent warning letters to other ticket resellers, putting them on notice of the agency's new standards.
February 19, 2010 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Bruce Springsteen concertgoers, take heart. The Federal Trade Commission has got your back.
The agency Thursday announced it has settled charges that Ticketmaster and its affiliate TicketsNow used “deceptive bait-and-switch tactics” to sell tickets to 16 Springsteen concerts last year.
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