The Federal Trade Commission launched a lawsuit against Live Nation and its parent company Ticketmaster, accusing the corporations of making millions of dollars through illegal sales activities.

The agency said inflated ticket prices and additional fees had taken billions out of consumers’ pockets, and that the businesses had cut deals with sales businesses that were contrary to the law.

Listing a total of seven specific charges, the FTC said in a statement : “The Federal Trade Commission and seven states sued Live Nation and Ticketmaster for tacitly coordinating with brokers and allowing them to harvest millions of dollars worth of tickets in the primary market.

READ MORE: DOJ Will Sue to Break Up Live Nation and Ticketmaster: Report

“Live Nation and Ticketmaster then sell the il

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