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Ticketmaster owner sued by DOJ and 30 attorneys general over alleged monopoly
The Justice Department and 30 state and district attorneys general are trying to break up Ticketmaster parent Live Nation. The say the company has harmed fans, promoters and artists through higher ticket prices and stifling innovation and competition.
The suit argues that Live Nation has harmed fans, promoters and artists as its dominance has led to imposing higher ticket prices while stifling innovation and competition. After the Justice Department found in 2019 that Live Nation violated a condition that banned it from threatening venues that chose to use a Ticketmaster competitor, the agency extended the consent decree by five years to 2025. Along similar lines, the Federal Trade Commission, has proposed a rule to ban junk fees that companies including Ticketmaster add to the total price at checkout.
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