Tag

Ticketmaster

All articles tagged with #ticketmaster

States Seek Breakup of Live Nation and Ticketmaster After Monopoly Verdict
business3 days ago

States Seek Breakup of Live Nation and Ticketmaster After Monopoly Verdict

Following a jury ruling that Live Nation illegally monopolized the live-music market, a coalition of states asks a federal judge to impose structural remedies, including divesting Ticketmaster and selling large venues, to restore competition. They also seek future-merger restrictions and damages, while Live Nation opposes a breakup and says changes previously agreed with the DOJ should suffice.

BTS in Mexico: A Tour Turned into a Diplomatic Moment
business19 days ago

BTS in Mexico: A Tour Turned into a Diplomatic Moment

Mexico’s BTS shows triggered a high-profile government intervention after tickets sold out in hours: President Claudia Sheinbaum requested more dates from South Korea, the issue spurred calls for transparency in ticketing, and authorities cited an estimated economic impact of about $107.5 million for Mexico, with HYBE and Ticketmaster involved in the discussions.

BTS VIP Ticket Cancellations Spark Fan Backlash Over Las Vegas Sale Error
entertainment1 month ago

BTS VIP Ticket Cancellations Spark Fan Backlash Over Las Vegas Sale Error

Ticketmaster voided VIP inventory for BTS World Tour’s Las Vegas show after Allegiant Stadium staff inadvertently released production-held tickets, leaving fans with canceled orders and nonrefundable travel costs; refunds are promised within 5–7 days, as fans renew criticisms of Ticketmaster amid ongoing antitrust scrutiny and broader debates over ticketing practices during BTS’s North American run.

States Seal Landmark Antitrust Victory Over Live Nation
business1 month ago

States Seal Landmark Antitrust Victory Over Live Nation

A coalition of more than 30 state attorneys general won a landmark monopolization case against Live Nation (Ticketmaster); the DOJ initially led the case but withdrew in March, and the Manhattan trial proceeded on short notice with the states prevailing. The author, Gail Slater, recounts the extensive discovery and testimony, including Slack messages that suggested price gouging, as central to the victory. She frames the win as a common-sense, bipartisan application of antitrust law that protects consumers and markets, and credits the DOJ team for laying the foundation. The piece argues this outcome shows Americans’ intuitive grasp of fair competition and calls for continued antitrust enforcement to keep capitalism fair.

Kessler Delivers Landmark Monopoly Verdict Against Live Nation
business1 month ago

Kessler Delivers Landmark Monopoly Verdict Against Live Nation

Renowned antitrust lawyer Jeffrey Kessler led a states’ team to a landmark verdict finding Live Nation and Ticketmaster operated as a monopoly after the DOJ settled early in the case. With just eight days to prep, Kessler adapted the DOJ plan, using witness testimony and key internal documents (including incriminating Slack chats) to present a clear monopolization story to the jury. The ruling, described by Kessler as a ‘total victory,’ could lead to remedies hearings and Tunney Act review, and Live Nation plans an appeal, meaning the case may continue for years and reshape the live-entertainment landscape for fans, venues, and competitors.

Jury Finds Live Nation-Ticketmaster Monopoly Harmed US Concert Market
business1 month ago

Jury Finds Live Nation-Ticketmaster Monopoly Harmed US Concert Market

A New York federal jury ruled that Live Nation and its Ticketmaster unit engaged in an anticompetitive monopoly over major U.S. concert venues, potentially leading to penalties and divestitures. The verdict also notes fans were overcharged by $1.72 per ticket in 22 states and could trigger a remedies phase with possible structural changes, following a DOJ/state lawsuit that challenged the companies’ dominance.

Jury Rules Live Nation-Ticketmaster Monopoly, Overcharging Fans
business1 month ago

Jury Rules Live Nation-Ticketmaster Monopoly, Overcharging Fans

A federal jury found Live Nation and Ticketmaster illegally monopolize ticketing at major venues and overcharge fans, with about $1.72 per ticket in excess fees identified across 22 states. Damages and other remedies will be decided in a separate proceeding, and while a six-state settlement offered up to $280 million in penalties, 33 states continued pursuing broader antitrust remedies, including possible structural changes such as a breakup. Live Nation says it will appeal and notes the verdict covers only a subset of tickets and venues.

Jurors Find Live Nation and Ticketmaster Monopoly Over Major Venues
business1 month ago

Jurors Find Live Nation and Ticketmaster Monopoly Over Major Venues

A Manhattan federal jury ruled that Live Nation Entertainment and its Ticketmaster subsidiary maintained a harmful monopoly over large concert venues, accusing them of using market power to stifle competition and overcharge fans—about $1.72 per ticket—with total damages to be determined. Live Nation plans to appeal, and the trial followed a government-led action with a separate DOJ settlement that did not force a split from Ticketmaster. The case spotlighted long-standing fan and artist concerns about fees and access to ticketing.

Jury Rules Live Nation–Ticketmaster Abused Ticketing Market Power
business1 month ago

Jury Rules Live Nation–Ticketmaster Abused Ticketing Market Power

A Manhattan federal jury concluded that Live Nation and its Ticketmaster subsidiary illegally monopolized the U.S. ticketing market, finding anticompetitive conduct that led to higher fees for fans at major venues (about $1.72 per ticket). Remedies will be decided by a judge, and the case follows a DOJ settlement with divestitures and fee caps that was not fully embraced by many states pursuing their own claims.

Documents allege Live Nation leveraged power over venues and artists amid antitrust scrutiny
business1 month ago

Documents allege Live Nation leveraged power over venues and artists amid antitrust scrutiny

Newly revealed documents allege that Live Nation used its clout to pressure venues, artists, and rivals, even as it faces a New York antitrust trial. The report notes CEO Michael Rapino earned $195 million in compensation over three years—a figure the judge barred the jury from hearing as prejudicial—while the company maintains it is not a monopoly.

Jury weighs if Ticketmaster acted like a monopoly
policy1 month ago

Jury weighs if Ticketmaster acted like a monopoly

A Manhattan jury is closing in on a verdict in the multi-state antitrust case against Live Nation-Ticketmaster, with prosecutors arguing the company maintained monopoly power through coercive venue deals and inflated ticketing charges, while Live Nation defends its product and contends fierce competition exists; a ruling for the states could trigger sweeping industry changes, including potential breakup, though appeals are likely.

Kid Rock questions surprise DOJ-Live Nation antitrust settlement
business2 months ago

Kid Rock questions surprise DOJ-Live Nation antitrust settlement

In a surprise end to much of the antitrust case, the DOJ and Live Nation reached a settlement that includes a $280 million fund for states, mandated openness of Ticketmaster to rival ticketing platforms, a 15% cap on service fees, and the end of exclusive venue deals with 13 U.S. venues. Arkansas, Nebraska, and South Dakota joined the settlement and withdrew from the suit, while about three dozen states remain in litigation. Kid Rock criticized the deal as a win for Live Nation, even as some attorneys general argue it doesn’t address the core monopoly issue.