Wait, could they still actually break up Live Nation?
The web of litigation around Live Nation, Ticketmaster, and the companies’ alleged monopoly is getting more complicated — but it could be good news for concertgoers who are sick of dynamic pricing and inexplicable service fees. The Department of Justice and 40 state attorneys general sued Live Nation, owner of Ticketmaster, in 2024 for alleged monopolistic practices. The two companies had merged in 2010 to form an entertainment giant that came to control the majority of ticket sales and venue bookings in the country, which made it more difficult for other companies to compete, according to the lawsuit. Without meaningful competition, customers had no choice but to accept Live Nation’s dubious pricing models, which critics say benefit the company’s bottom line, rather than artists.المصدر: TechCrunch | Source: TechCrunch
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