More states join antitrust lawsuit against Ticketmaster parent Live Nation, seek triple the damages

More states join antitrust lawsuit against Ticketmaster parent Live Nation, seek triple the damages

Attorneys general from about two dozen states are seeking treble damages against Live Nation Entertainment and its ticket-selling unit, Ticketmaster, for allegedly monopolizing markets across the live concert industry in an updated version of a lawsuit originally filed in May. The Justice Department and several states sued three months ago to break up Live Nation, arguing the … Read more

TicketMaster parent Live Nation facing DOJ antitrust lawsuit as soon as May: report

TicketMaster parent Live Nation facing DOJ antitrust lawsuit as soon as May: report

The Justice Department is preparing to file an antitrust lawsuit against Live Nation as soon as next month, the Wall Street Journal reported on Monday, citing people familiar with the matter. Live Nation’s subsidiary Ticketmaster, which for decades has been condemned for hardball tactics and high prices, was also widely criticized in 2022 after botched ticket sales for Taylor … Read more