U.S DOJ Sues to Break up Live Nation, parent of Ticketmaster

The U.S. Department of Justice has filed a lawsuit to break up Live Nation, the parent company of Ticketmaster, over alleged antitrust violations.

Joined by 30 states, the lawsuit follows a DOJ investigation into whether Live Nation maintains a monopoly in the ticketing industry. The investigation began in 2022 over fan complaints following a botched roll out for tickets to Taylor Swift’s Eras tour.

In a statement, Live Nation said the DOJ’s allegations of a monopoly are “absurd.”

Live Nation and Ticketmaster merged in 2010, creating a dominant entity in the live event industry.
Through Ticketmaster, Live Nation controls roughly 80% or more of major concert venues’ primary ticketing for concerts, the complaint said.

The Justice Department lawsuit accuses Live Nation of maintaining a self-reinforcing business model.The lawsuit also alleged that Live Nation captures fees and revenue from concert fans and sponsorships, which it then uses to lock artists into exclusive promotion deals that give the artists access to key entertainment venues across the country.

Live Nation is also accused of threatening financial retaliation against potential competitors and venues that work with rivals.

Live Nation argued the lawsuit won’t reduce ticket prices or service fees. It said artist teams set prices for their tickets and venues set and keep the majority of ticket fees.

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