The civil antitrust suit alleges that Live Nation has created a monopoly on live event ticket prices in the U.S. If successful, this could reshape the live event landscape and prices across the country.
The lawsuit accuses Live Nation and Ticketmaster of engaging in anticompetitive conduct like retaliation against rivals, locking out competitors with exclusive contracts, restricting musicians' access to venues, and acquiring perceived threats.
The House of Representatives passed the TICKET Act for transparency, requiring sellers like Live Nation to list all costs in ticket prices. The bill is supported by musicians like Billie Eilish and Dave Matthews.
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