Ticketmaster

2024 - 5 - 27

Ticketmaster: The Battle with the U.S. Government

Antitrust lawsuit - DOJ lawsuit - Live Nation - Monopolistic control - Ticketmaster

Find out why the U.S. Justice Department is taking on Ticketmaster and Live Nation in a monopoly showdown!

The Justice Department is making headlines as they take legal action against Ticketmaster and Live Nation, accusing the company of engaging in anti-competitive practices. The lawsuit follows the 2010 merger between Ticketmaster and Live Nation, which created a dominant force in the live events industry. The government claims that Ticketmaster holds a monopoly over ticket sales, controlling a significant portion of the market through Live Nation's ticketing division. This move by the DOJ signals a significant challenge to the company's stronghold in the ticketing landscape.

The Biden administration's lawsuit against Ticketmaster sheds light on the issue of corporate engagement versus shareholder activism. The government's legal action aims to address the alleged monopoly that Ticketmaster and Live Nation Entertainment have over live events. The U.S. Justice Department accuses Live Nation of engaging in tactics to eliminate competition and monopolize markets, sparking a heated battle between the government and the entertainment giants.

As the lawsuit unfolds, the question remains: Would breaking up Live Nation and Ticketmaster lead to lower ticket prices and increased competition in the market? The DOJ's antitrust lawsuit seeks to challenge the dominance of the merged company and restore fairness in the ticketing industry. The ongoing legal battle highlights the complexities of regulating corporate giants in the entertainment sector, raising concerns and discussions about market competition and consumer protection.

In a surprising turn of events, the U.S. Justice Department's lawsuit against Live Nation and Ticketmaster has sent shockwaves through the entertainment industry. The decision to take on these major players reflects a broader effort to address anti-competitive practices and ensure a level playing field for all stakeholders. The outcome of this legal showdown could reshape the landscape of live events and ticket sales, influencing the future of the industry for years to come.

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Image courtesy of "PBS NewsHour"

The Justice Department is suing Ticketmaster and Live Nation. What ... (PBS NewsHour)

The DOJ accuses the company that resulted from Ticketmaster's 2010 merger with concert promoter Live Nation the company of engaging in anti-competitive ...

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Image courtesy of "WORLD News Group"

Moneybeat: Biden administration sues Ticketmaster (WORLD News Group)

The government claims the company runs a monopoly over live events. Plus, defining terms: corporate engagement or shareholder activism.

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Image courtesy of "Statista"

Ticketmaster Dominates the U.S. Ticketing Landscape (Statista)

Through Ticketmaster, Live Nation's ticketing division, the company controls a significant share of the ticket sales market. Ticketmaster generates income ...

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Image courtesy of "Las Vegas Sun"

Would breaking up Live Nation and Ticketmaster actually lower ... (Las Vegas Sun)

The Justice Department has filed a sweeping antitrust lawsuit against Ticketmaster and parent company Live Nation Entertainment, accusing them of running an ...

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Image courtesy of "The Source"

Live Nation and Ticketmaster Sued by Justice Department Who ... (The Source)

Move over TikTok, The United States Department of Justice's war against big media is unrelenting after news broke the DOJ just sued Live Nation and ...

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Image courtesy of "Kansas Reflector"

Why the U.S. government is trying to break up Live Nation โ€” a ... (Kansas Reflector)

The U.S. Justice Department alleges that Live Nation โ€œengaged in a variety of tactics to eliminate competition and monopolize markets.โ€

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Image courtesy of "The Washington Informer"

Monopoly in Live Entertainment: DOJ and States Challenge Live ... (The Washington Informer)

District of Columbia Attorney General Brian L. Schwalb has joined the U.S. Department of Justice (DOJ) and a bipartisan coalition of 30 state attorneys ...

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Image courtesy of "Herald and News"

Oregon joins federal antitrust lawsuit against Live Nation ... (Herald and News)

Oregon has joined a group of 29 states in a federal lawsuit against Ticketmaster and its owner over an alleged entertainment industry monopoly that harms ...

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Image courtesy of "Manchestertimes"

Government sues Ticketmaster owner and asks court to break up ... (Manchestertimes)

The Justice Department has sued Ticketmaster and its parent company, accusing them of running an illegal monopoly over live events in America.

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Image courtesy of "Bloomberg Law"

DOJ Throwing Late Grenade at Ticketmaster Merger Could Backfire (Bloomberg Law)

Jones Day's Craig Waldman analyzes the DOJ Ticketmaster suit and considers pitfalls for winning the case and serving music fans.

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Image courtesy of "Ohio Capital Journal"

US Justice Department and Ohio Attorney General bring the ... (Ohio Capital Journal)

The Biden Justice Department, Ohio Attorney General Dave Yost and a bipartisan group of 29 state attorneys general are accusing the company that owns ...

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Image courtesy of "nj.com"

Bust up Ticketmaster, America's greatest gouger | Editorial (nj.com)

One such lawmaker is Rep. Bill Pascrell (D-NJ 9th Dist.), who protested the merger of Live Nation and Ticketmaster back in 2010, because he foresaw how it would ...

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Image courtesy of "Los Angeles Times"

What the Justice Department's Live Nation-Ticketmaster suit is really ... (Los Angeles Times)

It's unclear if the government will succeed in breaking up Live Nation and Ticketmaster, but the antitrust action raises big risks for the giant ...

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Image courtesy of "nj.com"

US Open tennis fans are melting down over Ticketmaster 'nightmare' (nj.com)

Ticketmaster is in deep water following a blip that has angered tennis fans across the country.

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Image courtesy of "The Miami Times"

Ticketmaster and Live Nation accused of monopoly (The Miami Times)

The Justice Department filed a sweeping antitrust lawsuit against Ticketmaster and parent company Live Nation Entertainment Thursday, accusing them of ...

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Image courtesy of "DJ Mag"

Live Nation, Ticketmaster parent company, sued by United States (DJ Mag)

US Attorney General Merrick Garland accused the events company and promoter of "unlawful, anticompetitive conduct to exercise its monopolistic control over ...

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Image courtesy of "Forbes"

Will The Antitrust Lawsuit Against Live Nation Break Its Hold On ... (Forbes)

The U.S. Department of Justice sued concert promoter Live Nation and its ticketing company subsidiary Ticketmaster for monopolization on May 23.

Ticketmaster Data Breach Surfaces Amid 2024 Musical Concerts (The Cyber Express)

The dark web hacker SpidermanData has claimed the Ticketmaster data breach, threatening over 500 million users globally.

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Image courtesy of "Indiana Public Media"

DOJ is suing Live Nation and Ticketmaster in antitrust lawsuit (Indiana Public Media)

The DOJ filed the antitrust lawsuit in federal court in New York, alongside 30 state and district attorney generals. It said it โ€œseeks to restore competition in ...

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Image courtesy of "Tullahoma News and Guardian"

DOJ files lawsuit to break up Live Nation and Ticketmaster (Tullahoma News and Guardian)

The Department of Justice is calling for the breakup of Ticketmaster and its parent company Live Nation by filing an antitrust lawsuit Thursday.

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Image courtesy of "wsgr.com"

DOJ Seeks an Encore Showdown with Live Nation and Ticketmaster (wsgr.com)

On May 23, 2024, the U.S. Department of Justice (DOJ), along with 30 state and district attorneys general, filed a lawsuit seeking to break-up Live Nation ...

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Image courtesy of "Boing Boing"

Justice Department sues Livenation over Ticketmaster monopoly ... (Boing Boing)

The lawsuit argues that the concert giant is breaching antitrust laws through its exclusivity contracts, threats to rivals, and leveraging of market domination ...

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