The event, titled “It’s Okay to be Angry About Capitalism,” charges $95 plus fees for a front-row seat but also utilizes Ticketmaster, which the Justice Department has investigated for possible anti-trust violations.
Owned by Live Nation Entertainment, Ticketmaster took a serious public relations hit in the autumn of last year when pop star Taylor Swift fans accused them of price-gouging during her Swift’s Eras tour pre-sale. Twenty-six plaintiffs from 13 states in the lawsuit against Live Nation Entertainment, Inc., Ticketmaster’s parent company, claim the company engaged in “unlawful conduct in violation of California’s Cartwright Act and the California Unfair Competition Law,” according to a document obtained by Deadline.
The antitrust accusations charge that Ticketmaster manipulated the secondary ticket market which amounts to price discrimination. Ticketmaster also engaged in price fixing by “allying with scalpers,” to affect prices.
Live Nation claimed that it was victimized by a “bot” attack.
“We were then hit with three times the amount of bot traffic than we had ever experienced,” Live Nation President and CEO Joe Berchtold said in his prepared testimony to Congress. “While the bots failed to penetrate our systems or acquire any tickets, the attack required us to slow down and even pause our sales.”