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United States, et al. v. Live Nation Entertainment, Inc. and Ticketmaster Entertainment, LLC is an antitrust lawsuit brought by the U.S. Department of Justice (DOJ) and twenty-nine states and Washington, D.C., against entertainment company Live Nation Entertainment and its subsidiary Ticketmaster, following the Taylor Swift–Ticketmaster controversy in 2022.
The lawsuit says Live Nation directly manages more than 400 musical artists and controls around 60% of concert promotions at major venues. ... Live Nation owns or controls more than 265 concert ...
The Biden administration is accusing Live Nation of exercising monopoly power over the live entertainment space, alleging the company controls some 60% of concert promotions at major venues and ...
Mail. 24/7 Help. For premium support please call: ... If they win the lawsuit and persuade a court that Live Nation broke the law, there could likely be a separate court proceeding to determine ...
The lawsuit targets Live Nation’s dominance in the ticketing market through its subsidiary Ticketmaster. This lawsuit is part of the Biden administration’s broader strategy to tackle ...
The Justice Department allowed Live Nation and Ticketmaster to merge as long as Live Nation agreed not to retaliate against concert venues for using other ticket companies for 10 years.
On May 23, 2024, the DOJ and a coalition of 29 states formally launched an antitrust suit against Live Nation and Ticketmaster. [3] The lawsuit contends that Live Nation, which owns Ticketmaster, abused its unrivaled power in the concert and ticketing industry to eliminate competition, lessening consumer choice and resulting in rising prices. [60]
The Justice Department filed a federal lawsuit Thursday accusing Ticketmaster and its parent company Live Nation of illegally monopolizing the live entertainment industry to the detriment of ...