Question

Besides the FTC lawsuit, what other legal action has been taken against Live Nation and Ticketmaster, and what does this action allege?

Answer 1

In addition to the FTC lawsuit, Live Nation and Ticketmaster have faced legal action from various state attorneys general and private lawsuits alleging anti-competitive practices. One notable case is a multi-state investigation led by state attorneys general, which has focused on claims that Ticketmaster engages in unfair business practices, monopolizes the ticketing industry, and exploits consumers through excessive fees and lack of competition.

These lawsuits typically allege that Ticketmaster's control over ticket sales and its contractual relationships with venues and artists stifle competition, leading to higher prices and fewer choices for consumers. They argue that such practices violate state and federal antitrust laws.

Additionally, private lawsuits have been filed by consumers and artists, claiming that Ticketmaster's practices are harmful and violate consumer protection laws. These legal actions aim to hold the company accountable for what they perceive as monopolistic behavior that ultimately harms both consumers and the entertainment industry.

The overall legal landscape surrounding Live Nation and Ticketmaster is complex and involves ongoing scrutiny over their business practices and market dominance in the ticketing industry.