Ticketmaster sued by Taylor Swift fans

The Swifties are trying to take down Ticketmaster, one lawsuit at a time.

Transcript

00:00A group of 26 Taylor Swift fans are suing Ticketmaster following the chaotic rollout for

00:05her upcoming Eras tour, which left many unable to buy tickets. They are suing its parent company

00:09Live Nation for, quote, fraud, price fixing, and antitrust violations, and claim that, quote,

00:14intentional deception allowed scalpers to buy most of the tickets. The lawsuit also asserts

00:18that Ticketmaster has perpetuated this anti-competitive scheme by, quote, forcing fans

00:22of musicians to exclusively use Ticketmaster for pre-sale and sales prices, which are above what a

00:27competitive market price would be. Ticketmaster said that more than 3.5 million people registered

00:32for its verified fan pre-sale, and 2.4 million tickets were sold during it. The group is seeking

00:36a civil fine of $2,500 per violation, which could add up to a substantial amount given the millions

00:42of people who attempted to purchase tickets. Even if there was no intentional collusion,

00:46the lawsuit asserts the company wasn't prepared for the high levels of traffic,

00:50which Swift herself has also claimed.