Department of Justice files antitrust lawsuit against Nation

The Department of Justice (DOJ) filed a civil antitrust lawsuit against Ticketmaster and its parent company Live Nation on Thursday, accusing the company of monopolizing live entertainment markets and engaging in other illegal anti-competitive practices.

According to a statement from the Department of Justice, the lawsuit aims to restore competition in the live entertainment sector by providing more concerts, reduced ticket prices and accessible venues for performers.

According to a statement from the Department of Justice, the lawsuit accuses Live Nation and Ticketmaster of unlawfully engaging in monopolistic practices that result in higher ticket prices and outdated technology for American music fans. The Justice Department also alleges that the companies used their power over venues, artists and promoters to squander competition.

Attorney General Merrick B. Garland said in a statement that Live Nation relies on “unlawful, anti-competitive conduct” to maintain control over the live events industry, leading to higher fees, fewer opportunities for artists and limited options for venue operators . Garland stated, “It’s time to break up Live Nation-Ticketmaster.”

According to the Associated Press, Live Nation and Ticketmaster have responded to the lawsuit, stating that they intend to refute the “baseless allegations” while advocating for other industry reforms.