DOJ and 30 States Sue Ticketmaster for Alleged Monopolistic Practices
The lawsuit claims Live Nation-Ticketmaster's dominance inflates ticket prices and stifles competition in the live entertainment industry.
- The lawsuit is filed in the Southern District of New York and includes 30 state and district attorneys general.
- The DOJ alleges Live Nation-Ticketmaster uses restrictive agreements with venues to maintain its market dominance.
- The suit seeks to prohibit anticompetitive practices and potentially divest Ticketmaster from Live Nation.
- Live Nation contends the lawsuit is driven by political pressure and denies wielding monopoly power.
- The case follows previous complaints and legal challenges against Ticketmaster, including a high-profile Senate hearing in 2022.