Ticketek has been forced to pay $2.5 million fine for engaging in "opportunistic" and anti-competitive behaviour, according to the ACCC.
The Federal Court found yesterday that on four separate occasions, Ticketek had tried to prevent Lasttix, from supplying its services. Lasttix offers last-minute tickets at a discounted price.
Ticketek was specifically asked by theatre producers and concert promoters to set up discount ticket deals through Lasttix and despite agreeing to do so, they did not deliver on their promise. These events took place in 2009 and 2010.
"Ticketek's market strength allowed it to do things it may not have done in a more competitive environment," ACCC chairman Rod Sims said.
"Their behaviour towards Lasttix was opportunistic, anti-competitive and was found by the court to the unacceptable."
Ticketek was fined $725,000 for each occasion when it refused requests by event organisers to set up discount deals through Lasttix and was fined an additional $325,000 for temporarily suspending a last minute ticket offer in 2010 for the event Warriors of Brazil, after it discovered Lasttix was involved with the promotion.