Live Nation & Ticketmaster Face Another Antitrust Lawsuit, This Time From a Failed Ticket Startup

Live Nation & Ticketmaster Face Another Antitrust Lawsuit, This Time From a Failed Ticket Startup

A new lawsuit claims the alleged monopoly exercised by Live Nation and Ticketmaster forced an upstart competitor called Fanimal out of business. The case, filed on Tuesday (Dec. 30) in federal court, is the latest in a slew of antitrust lawsuits to allege Live Nation and Ticketmaster have unlawfully cornered the live events industry since merging in 2010. A blockbuster Department of Justice (DOJ) suit seeks to force the two companies apart, an…

Defunct ticketing startup Fanimal files antitrust lawsuit against Live Nation, Ticketmaster

Live Nation and Ticketmaster are accused of illegal practices such as long-term exclusive contracts with venues, threats of retaliation and more. Source