US EditionBuying concert tickets sucks. Here’s what will — and won’t — change after the massive Live Nation legal case
The verdict could lead to lower ticket prices, but consumers will not get payouts and Judge Arun Subramanian will decide penalties next.
- On Wednesday, a New York jury determined that Live Nation and Ticketmaster operated as an illegal monopoly, concluding a two-year-long suit alleging the companies made purchasing tickets difficult and expensive for concert fans.
- Taylor Swift's Eras Tour ticketing debacle was a prime argument in the suit, marking the third time since 2009 that states have gone after the company for alleged monopolistic pricing practices.
- A New York jury determined that Ticketmaster overcharged buyers by nearly $2 for every seat and millions in fees, evidence central to establishing the illegal monopoly finding.
- Judge Arun Subramanian will determine penalties Live Nation faces in the trial's remedies phase; however, consumers will not receive money back, as this case was brought by governments, not as a class action.
- While competition from SeatGeek and AXS could eventually lower prices, Rebecca Haw Allensworth, a visiting antitrust professor at Harvard Law, warned that meaningful changes will likely take years to materialize.
44 Articles
44 Articles
US states flex their antitrust muscles
States are increasingly becoming the arbiters of antitrust, stepping into a void left by Trump’s Department of Justice. That’s creating a more complicated world for companies, who are now having to navigate a patchwork of state interests.Take Live Nation. More than 30 states banded together to win a case that deemed the ticketing giant a monopoly, following what critics called a lightweight settlement by DOJ. When asked if he was comfortable wit…
How a Live Nation ruling could impact concertgoers and Portland’s venue proposal
A jury last week found that Live Nation and its subsidiary Ticketmaster operated as a monopoly, which could have implications for consumers and the debate over a proposed 3,300-seat venue in Portland.
'Landmark' Antitrust Ruling Finds Live Nation and Ticketmaster Operating as Exploitative Monopoly
A jury recently decided unanimously that Live Nation and its subsidiary Ticketmaster were operating as a monopoly, and that this had led to exploitative pricing and promotional contracts with venues. Rolling Stone magazine called it a “landmark decision,” and while fans and concertgoers shouldn’t expect ticket prices to go down anytime soon, it could usher […] The post ‘Landmark’ Antitrust Ruling Finds Live Nation and Ticketmaster Operating as E…
Ohio Capital Journal
tiffinohio.netStates — including Ohio — win monopoly suit against Live Nation, Ticketmaster
The Ticketmaster website is shown on a computer screen. (Photo illustration by Joe Raedle/Getty Images.)A New York jury on Wednesday sided with 34 state attorneys general, including Ohio’s Dave Yost, ruling that entertainment giant Live Nation abused fans and artists by engaging in monopolistic practices. The win comes after the Trump Justice Department and six states quit the case a week into the trial. It agreed to a settlement that critics sa…
Local 3 News
noticiasya.comWhat May (and May Not) Change with Concert Ticket Purchases After the Legal Case Against Live Nation
Buying tickets for concerts nowadays is, to put it bluntly, the worst.
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