The U.S. Department of Justice, joined by 30 bipartisan state attorneys general, filed a civil antitrust lawsuit against Live Nation Entertainment and its subsidiary, Ticketmaster, on May 23, 2024. The lawsuit alleges violations of the Sherman Act and various state antitrust statutes, claiming monopolization and anti-competitive practices within the live entertainment industry.
The complaint asserts that Live Nation controls 80% of primary ticketing at major concert venues, manages over 400 artists, and holds over 60% of concert promotions and large amphitheaters. It alleges that the company maintains its monopoly power through long-term exclusive agreements and 'tying' arrangements, forcing artists to use Live Nation's promotion services to access its venues.
The lawsuit seeks various remedies, including declaratory relief, injunctive relief to prevent future anti-competitive practices, and a court order requiring the divestiture of Ticketmaster. A trial date for this significant legal challenge is currently set for March 2, 2026, which could reshape Live Nation's operational landscape.
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