"The allegations of the harms to consumers made in this piece are serious and deserve immediate attention," wrote Senators Jerry Moran and Richard Blumenthal in a letter to Live Nation CEO Michael Rapino. Ticketmaster and Live Nation issued a statement late Monday night saying: "It's clear from the Senators' letter that the CBC's reporting has left the impression that Ticketmaster provides brokers with ticket-buying software, which is categorically false. Do Ticketmaster's ticket-purchasing limits and associated detection practices apply to users of its online program, TradeDesk? What role does Ticketmaster's professional reseller handbook play in deterring its resellers from engaging in illegal ticket purchasing activities? But as long as there is a massive disconnect between supply and demand in live event tickets, there is going to be a secondary market.

Source: CBC News September 25, 2018 07:52 UTC