(Gray News) - The Federal Trade Commission and seven states are suing Ticketmaster and its parent company, Live Nation Entertainment.

U.S. officials said the companies have failed to crack down on ticket resellers, who are “causing consumers to pay significantly more than the face value of the ticket” for popular concerts and events.

The FTC further alleges in the complaint that Ticketmaster and Live Nation deceived artists and consumers by engaging in bait-and-switch pricing, where customers often pay more than advertised, along with imposing “limits” on ticket purchases for fans while ticket brokers routinely exceed those limits.

“American live entertainment is the best in the world and should be accessible to all of us,” FTC Chairman Andrew Ferguson said. “It should not cost an arm

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