Ticketmaster
Promoters expect to invalidate about 50,000 tickets listed on resale platforms against the original terms and conditions
Oasis fans saw ticket prices for the band's reunion tour nearly triple while trying to secure seats to the 2025 shows, prompting U.K. officials to call for an investigation
The suit comes over two years after the Justice Department started its investigation into the concert giant
The Department of Justice's antitrust division is reportedly prepping a complaint two years after launching an investigation into the live entertainment giant
"Ticketmaster have agreed with us that many of the fees being charged were unduly high," the Cure frontman Robert Smith said on Thursday
As customers buy up tickets for the Renaissance tour, some have shown fees for as much as $500 per ticket
For years, fans have bought "speculative tickets" from resellers, who list tickets they don't actually own yet on resale sites
