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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 ...
Ticketmaster was the subject of several controversies, such as anti-competition claims, deceitful relationships with scalpers, data breach, deceptive pricing, and dynamic pricing. [13] According to consumer organizations, Ticketmaster and Live Nation control over 70% of the primary ticketing and live event venues market. [14]
UPDATED: The U.K.’s Competition and Markets Authority (CMA) has formally opened an investigation into Ticketmaster’s compliance with consumer protection law in relation to the sale of Oasis ...
Dynamic pricing is when ticket prices are increased on primary selling sites – such as Ticketmaster – based on demand. In the case of the recent Oasis ticket sales, customers queued for hours ...
The Department of Justice is reportedly preparing an antitrust lawsuit against Live Nation Entertainment, the parent company of Ticketmaster, as soon as next month, marking a swing against the ...
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.
The U.S. Justice Department and several states sued three months ago to break up Live Nation, arguing the concert promoter and Ticketmaster illegally inflated concert ticket prices and hurt artists
According to the lawsuit filed in New York by the US government and 30 attorneys general from both political parties, Live Nation has monopolized the live events market by owning key chunks of ...