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Ticketmaster CEO Thinks You're UNDERPAYING for Concert Tickets

The federal government and seven states are suing Ticketmaster and its parent company, Live Nation, accusing the ticket-selling giant of allowing brokers to exceed limits on purchases, profiting off the inflated resale value and using deceptive advertising practices. The lawsuit is seeking billions of dollars in penalties. Ticketmaster and Live Nation did not return CBS News’ request for comment. #ticketmaster #livenation