"The Justice Department accused Live Nation of engaging in a slew of practices that have allowed it to maintain a stranglehold over the live music scene. The Justice Department has said the company uses long-term contracts to keep venues from choosing rival ticketers, blocking venues from using multiple ticket sellers and threatening venues that they could lose money and fans if they don't choose Ticketmaster."
"The case, brought under President Joe Biden's Democratic administration in 2024, accused Live Nation of using threats, retaliation and other tactics to "suffocate the competition" by controlling virtually every aspect of the industry, from concert promotion to ticketing."
"Ticketmaster, which was established in 1976 and merged with Live Nation in 2010, is the world's largest ticket seller across live music, sports, theater and more."
The Justice Department reached a settlement with Ticketmaster and its parent company Live Nation Entertainment in an antitrust case alleging illegal monopoly over live events in the United States. The settlement was confirmed by an anonymous source, though specific terms remain unclear as neither the DOJ nor Live Nation immediately commented. The case, filed in 2024 under the Biden administration, accused Live Nation of using threats, retaliation, and long-term contracts to suppress competition and inflate ticket prices. The company allegedly controlled concert promotion, ticketing, and venue relationships while blocking alternative ticket sellers. Live Nation countered that artists and teams determine pricing and sales methods. The settlement comes as both sides faced trial in New York regarding potential dismantling of the monopoly.
#antitrust-settlement #ticketmaster-monopoly #live-nation-entertainment #ticket-industry-competition #doj-enforcement
Read at ABC7 Los Angeles
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