A C$500-million ($410-million) lawsuit has been filed against Ticketmaster Entertainment Inc. Monday, for breaking the law by re-selling tickets at inflated prices. The suit filed after singer Bruce Springsteen complained about the company's sales practices, claims Ticketmaster Entertainment Inc., the biggest ticketing company in the world, is illegally conspiring to monopolize the re-sale market for sports, concert, and show tickets.

A Toronto man says he tried to purchase two tickets for the Smashing Pumpkins November 2008 concert at Ticketmaster's website. However, none were available and he was re-directed to the website of TicketsNow, Ticketmaster's re-sale unit.

According to the lawsuit filed in Ontario Superior Court, Henry Krajewski says the tickets cost only C$66.50 each, but he was made to pay a total of C$533.65 for the pair purchased at TicketsNow.

The suit seeking to be declared a class action suit, alleges Ticketmaster has violated the law against ticket scalping, Ontario being one of three Canadian provinces with laws prohibiting the re-sale of tickets for more than their face value, on the secondary market.

Krajewski's lawyers claim the C$500-million in damages is based on Ticketmaster's expected revenue during the time the courts decide the case. As per the suit, the court has been asked to order TicketMasters to pay damages equal to the amount of any overcharges, including blocking the firm from distributing tickets at higher prices than issued first.

Similar complaints have been received from fans, who were re-directed to TicketMaster's TicketsNow. com site, when they wished to purchase tickets to Bruce Springsteen's concert tour.

No Ticketmaster spokesman was available for comment Monday.