Live Nation, Ticketmaster’s parent company, sued in groundbreaking monopoly lawsuit

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The US government sued Live Nation in a groundbreaking antitrust lawsuit on Thursday, alleging that for years the parent company of Ticketmaster abused its industry dominance to harm concertgoers nationwide.

The US government and dozens of states sued Live Nation in a groundbreaking antitrust lawsuit on Thursday, alleging that for years the parent company of Ticketmaster abused its industry dominance to harm concertgoers nationwide. The long-expected lawsuit, filed in New York by the Justice Department and 30 state and district attorneys general, challenges the country’s biggest ticketing website and concert promoter, which regulators allege was the mastermind of a plan to stifle competition.

” The company also has bad blood with several other artists who have taken aim at Live Nation’s practices, including The Cure front man Robert Smith, who said he was “sickened” by Ticketmaster’s fees, and country singer Zach Bryan, who in 2022 released a collection of live performances entitled “All My Homies Hate Ticketmaster .” An unpopular merger Now, the US government is opposing Live Nation’s economic power for the first time since the company merged with Ticketmaster in 2010.

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