Connect with us

Hi, what are you looking for?

Financial Source ReportFinancial Source Report

Tech News

Ticketmaster’s nontransferable ‘SafeTix’ are anticompetitive, DOJ suit claims

The US Department of Justice logo above a red ticket background.
Image: The Verge / Kenishirotie (via Getty)

The real intent of Ticketmaster’s push for nontransferable tickets was to make it harder for fans to use rival platforms like StubHub and SeatGeek, the newly updated complaint in the Department of Justice’s antitrust lawsuit against Ticketmaster and its parent company, Live Nation, alleges. The complaint, which was amended on Monday after 10 states joined the DOJ’s lawsuit, cites internal Ticketmaster documents obtained during the legal process.

In 2019, Ticketmaster rolled out SafeTix, which replaced static barcodes on electronic tickets with encrypted barcodes that refresh every 15 seconds. Ticketmaster marketed SafeTix as a way of reducing ticket fraud, but the complaint claims reducing competition was “a primary motivation” for the…

Continue reading…

You May Also Like

Tech News

Blasting away with finger guns in Deadlock’s training level. | Screenshot by Sean Hollister / The Verge It’s been nearly five years since Valve...

Tech News

Image: Becca Farsace / The Verge Instagram is a popular place to show off your latest photos, but if you’re a real photography enthusiast,...

Tech News

A Waymo car driving in San Francisco. | Photo: Smith Collection / Gado / Getty Images San Francisco neighbors who live in a building...

Editor's Pick

Eric Gomez and Benjamin Giltner July 2024 was a quiet month for the backlog of US weapons that have been sold but not delivered...

Copyright © 2023 FinancialSourceReport.com All Rights Reserved.