The DOJ filed an antitrust lawsuit against Live Nation-Ticketmaster on Thursday
The long-awaited reckoning for Live Nation and Ticketmaster is finally upon us. On Thursday morning, The Department of Justice filed a lawsuit against the live entertainment company, alleging that the company is a monopoly. Per Deadline, the lawsuit claims that beyond stifling competition and driving up prices for consumers, the company is punishing venues that use more than one ticketer, hindering performers’ access to venues, buying up competitors, and more.
Of course, Live Nation has pushed back on the claims made in the suit. “The DOJ’s lawsuit won’t solve the issues fans care about relating to ticket prices, service fees, and access to in-demand shows,” a spokesperson for the company told Deadline.
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Justice Department says illegal monopoly by Ticketmaster and Live Nation drives up prices for fansThe Justice Department has filed a sweeping antitrust lawsuit against Ticketmaster and parent company Live Nation Entertainment, accusing them of running an illegal monopoly over live events in America and driving up prices for fans. The lawsuit was filed Thursday in New York and was brought with 30 state and district attorneys general.
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Justice Department says illegal monopoly by Ticketmaster and Live Nation drives up prices for fansThe Justice Department has filed a sweeping antitrust lawsuit against Ticketmaster and parent company Live Nation Entertainment, accusing them of running an illegal monopoly over live events in America and driving up prices for fans.
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