Ticketmaster Agrees To Pay $10 Million Fine For Breaching Competitor’s System To ‘Choke Off’ Competition

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Ticket sales and distribution company Ticketmaster agreed to pay a $10 million criminal fine over its alleged breach of a rival company’s computer system to “choke off” competition.

Stephen Mead, a former executive at startup ticketing sales company CrowdSurge, allegedly breached CrowdSurge’s computer system after he left the company in 2012 and was hired by Ticketmaster in 2013, Variety reported.

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