The U.S. Department of Justice is suing Live Nation and Ticketmaster over alleged anticompetitive practices, aiming to break up the companies to protect consumers from their monopoly on live events. The lawsuit includes undoing their 2010 merger and draws on internal communications for evidence. A proposed consumer class action seeks $5 billion in damages. The lawsuit could have a significant impact on the live music and sports industries.
The U.S. government sued Live Nation Entertainment, which owns Ticketmaster, asking a court to break up the company over claims it illegally maintained a monopoly in the live entertainment industry. Our reporter breaks down the case on "The Daily." https://t.co/bjlSKpRal6
"Will the Justice Department’s lawsuit against Ticketmaster and Live Nation give concertgoers, sports fan and theater patrons some relief from surging ticket prices?" Professor Eleanor Fox ’61 discusses with @NewsHour: https://t.co/L0YLpFPCGA
The Department of Justice filed a lawsuit against Live Nation and its subsidiary, Ticketmaster, calling the company a “monopoly.” Reset checked in with an independent venue owner and musician to hear how the lawsuit could impact Chicago’s scene. https://t.co/Esw78RFnHy
The DoJ is suing to break up Live Nation. What exactly does the lawsuit aim to achieve -- and could the concert giant win? (@danieltencer - @musicbizworld) https://t.co/2wDQpILw4B
“It is time for fans and artists to stop paying the price for Live Nation’s monopoly,” Merrick B. Garland, the attorney general, said on Thursday. “It is time to break up Live Nation-Ticketmaster. The American people are ready for it.” https://t.co/X5YBy5d3ds
DOJ Seeks an Encore Showdown with Live Nation and Ticketmaster https://t.co/Jh1UbehI7K
The antitrust suit against Live Nation is not about ticket scalping or ticket sales. It's about total domination over the entire concert industry. https://t.co/sigglkbW1R
My explainer of exactly what's happening in the Ticketmaster monopoly case and why Live Nation is so powerful in the first place https://t.co/r3AdpYJxPH
WATCH: From @Breakingviews: The US Department of Justice is suing Live Nation and calling for a breakup from its ticketing service Ticketmaster. It's not clear if fans will see the price of concert tickets fall, says @jennifersaba #BVTV https://t.co/GBzaYXs9Xx https://t.co/KM3pK9b9gP
The Department of Justice's recent antitrust lawsuit against Live Nation illustrates how the ticketing giant allegedly drove a Utah competitor out of business. https://t.co/QHaR3Hxh8M
From @Breakingviews: The US Department of Justice is suing Live Nation and calling for a breakup from its ticketing service Ticketmaster. It's not clear if fans will see the price of concert tickets fall, says @jennifersaba #BVTV https://t.co/RYOEcsKUXz https://t.co/uk5qDpYHhx
Everyone Hates Ticketmaster, but Is It a Monopoly? (@MattBelloni @eriqgardner - @ringer) https://t.co/pmwsQ7CgyZ
WATCH: From @Breakingviews: US regulators want to break apart Live Nation from Ticketmaster, claiming it has a chokehold that is driving up prices. Yet, there is no guarantee that, if successful, tickets will become cheaper, says @jennifersaba #BVTV https://t.co/GBzaYXsHN5 https://t.co/GOMuWSIQuV
From @Breakingviews: US regulators want to break apart Live Nation from Ticketmaster, claiming it has a chokehold that is driving up prices. Yet, there is no guarantee that, if successful, tickets will become cheaper, says @jennifersaba #BVTV https://t.co/RYOEcsKUXz https://t.co/nmObEINDsP
Live Nation and its Ticketmaster unit have been hit with the first in a likely wave of new consumer antitrust lawsuits. The lawsuit is seeking $5 billion in damages on behalf of potentially millions of ticket purchasers https://t.co/bQioKwUrpS https://t.co/0AAEpLEK3k
A consumer class action against Live Nation and its Ticketmaster unit is seeking $5 billion in damages on behalf of potentially millions of ticket purchasers. Subscribe to The Daily Docket: https://t.co/s1z0JFiNQe https://t.co/1bF7yXc5ss
"Will the Justice Department’s lawsuit against Ticketmaster and Live Nation give concertgoers, sports fan and theater patrons some relief from surging ticket prices" Professor Eleanor Fox ’61 discusses with @NewsHour: https://t.co/MQB1O30gN9
DOJ vs. Live Nation: What Happens Now? Legal experts say what’s at stake with the DOJ’s lawsuit against Live Nation and what it could mean for concertgoers. More: https://t.co/7X3uCjcOgA https://t.co/6u8A21WpSG
Live Nation and Ticketmaster were hit with a consumer antitrust proposed class action accusing them of monopolizing concert promotion and ticketing for major concert venues following their 2010 merger, which comes on the heels of the DOJ's own lawsuit. https://t.co/yW9RuspPxp https://t.co/OIv6xLbgve
Live Nation Entertainment Inc. is facing a proposed consumer class action that alleges unfair predatory ticket pricing in the live music event market space, following the Justice Department’s pursuit to break up the company over antitrust violations. https://t.co/cFR7lEYZ83
The DOJ is suing Ticketmaster and Live Nation. What does that mean for concertgoers? https://t.co/mH10nJ0OO5
A look at some of the emails that the Justice Department drew on in its lawsuit accusing Live Nation Entertainment, which owns Ticketmaster, of violating antitrust laws. https://t.co/hPcU2iJuG7
The Justice Department sued Live Nation-Ticketmaster on Thursday. Here's why. https://t.co/wPGwUHjPQk
The U.S. DOJ is suing to break up Ticketmaster and Live Nation for alleged anticompetitive practices. A break-up of the ticket giants could have a huge impact on sports—which account for over 60% of Ticketmaster's volume. Story ⬇️
Live Nation is facing a proposed consumer class action that alleges unfair predatory ticket pricing in the live music event market space, following the Justice Department’s pursuit to break up the company over antitrust violations. https://t.co/awVtRkbnyG
In its lawsuit accusing Live Nation Entertainment, the concert behemoth that owns Ticketmaster, of being an illegal monopoly, the Justice Department drew on a raft of internal communications that offered a rare behind-the-scenes look at the industry. https://t.co/IPIn34pMku
Part of the lawsuit includes asking a judge to undo the 2010 merger of Live Nation and Ticketmaster. https://t.co/NN89De7zI3
The Justice Department is suing Ticketmaster and Live Nation. What does that mean for concertgoers? https://t.co/IGYtx7zcXd https://t.co/R2jtxkosLU
What happens next in the DOJ's bombshell lawsuit against Live Nation? Here's why the government is taking its case to a jury, and why the concert giant points to past antitrust cases as reasons why they're not worried about the suit's outcome https://t.co/NqG6ukMlLA
For far too long, ticket buyers have been burdened by bad service, high prices, and a lack of competition. The DOJ is taking the right step by suing to break up Live Nation and Ticketmaster to protect Americans from their monopoly on live events. https://t.co/uFuAGDgi12