Good!! Justice IS served!!
Live Nation Entertainment Inc.‘s Ticketmaster unit has reached a settlement with federal regulators and will be refunding money to Bruce Springsteen fans who were misled to buy more expensive tickets to his concerts!!
Ticketmaster’s supreme SHADINESS was brought to light last year when people who tried to buy tickets for Springsteen shows were told there were no tickets found, and then were re-directed to Ticketmaster’s TicketsNow.com, a resale site, which were selling them for two, three, and even FOUR times the value.
The worst part – there WERE STILL tickets available, Ticketmaster just set up the bogus message.
Luckily, the Federal Trade Commission started an investigation, which found the company to use “deceptive bait-and-switch tactics.”
Live Nation claims there was a glitch in the system.
YEAH RIGHT.
Luckily, the settlement, finally reached today, will refund customers the difference between the marked-up price and the face value of the tickets they bought, and will ultimately total the company more than $1 million!!!
What a shitty thing to pull on innocent fans of the Boss!!!!
Shame on you, Live Nation!!!
[Image via WENN.]
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