Activist Group Asks Justice Dept. to Unwind Live Nation and Ticketmaster Merger

  • 📰 billboard
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 63%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

The 2010 merger has been subject to scrutiny for allegedly leading to higher ticket prices and claims that Live Nation Entertainment is abusing its market power over venues and artists.

Ticketmaster and Live Nation merged in 2009, two years after the live-events organizer announced plans to build its own ticketing service. Prior to the deal, Live Nation was Ticketmaster’s largest customer.

The American Economic Liberties Project argues that Live Nation is violating the consent decree. It points to conditioning the availability of the company’s performers to independent venues using Ticketmaster’s services. In 2019, the DOJ found that Live Nation had been violating the terms of the settlement by forcing venues to accept Ticketmaster’s ticketing services as a condition for hosting Live Nation performers and retaliating against those that refused. The agency, in turn, threatened to assess monetary penalties for additional violations and installed a monitor tasked with investigating further breaches of the consent decree, which was extended until 2025.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

grisousmiles Thank f••king hell! (Sorry for the potty mouth, I'm actually holding back from REALLY letting it out). Thank you American Economic Liberties Project for taking this on, and thank you to everyone who never let this slide. And thank you Shona for retweeting this great news! x

!!!

Yesss! Stop this monopoly and blatant price gouging

It’s true. I had to sell a leg and a kidney just to see Harry. Not even in the pit 😔🙏🏼

allegedly hello that’s BEEN true

Yes

Finally as they should

No platinum pricing

BEST NEWS EVER

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 112. in PT

Portugal Últimas Notícias, Portugal Manchetes