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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 ...
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 complaint claims that the company has a monopoly on ticketing, and that it illegally uses its power to dominate the ticketing business and quash competition, and says the two companies, which ...
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]
Ticketmaster controls more than 80 per cent of the market for primary ticket sales in the US. It maintains that control by striking deals with the nation’s largest venues, ensuring that any ...
The dynamic pricing system used by Ticketmaster is something artists could choose to opt into, with artists such as Robert Smith of The Cure highlighting this in 2023. [129] On 5 September 2024 the UK Competition and Markets Authority (CMA) announced it was launching an investigation into Ticketmaster over Oasis concert ticket sales. The CMA ...
The Justice Department sued Ticketmaster and its parent company Thursday, accusing them of running an illegal monopoly over live events in America and asking a court to break up the system that ...
Ticket prices have skyrocketed over the years, often attributed to Ticketmaster's dynamic pricing system, ... NJ joins DOJ in Ticketmaster, Live Nation antitrust lawsuit. Show comments. Advertisement.