Justice Department Says Illegal Monopoly By Ticketmaster And Live Nation Drives Up Prices For Fans
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Justice Department Says Illegal Monopoly By Ticketmaster And Live Nation Drives Up Prices For Fans
WASHINGTON (AP) — The Justice Department has filed a sweeping antitrust lawsuit against Ticketmaster and parent company
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What the Ticketmaster-Live Nation lawsuit could mean for fans of live music
Many live music fans likely met the news that the U.S. Justice Department is seeking to break up Ticketmaster and its parent company Live Nation with glee. Long the subject of consumer complaints, angst toward the two companies reached a crescendo in 2022 when Bruce Springsteen fans were confronted with so-called “dynamic pricing” that saw face-value ticket costs rise to hundreds of dollars. Later that same year, demand for tickets to Taylor Swift’s “Eras Tour” caused Ticketmaster’s website to...
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Justice Department Sues Live Nation and Ticketmaster for Monopolizing Live Concert Industry to 'Combat Corporate Misconduct'
A civil antitrust lawsuit filed by the Justice Department against Live Nation and Ticketmaster on Thursday, May 23 seeks to restore competition in the market and bring back lower cost options for ticket buyers.