10 New States Join Monopoly Suit Against Ticketmaster and Live Nation
States Band Together Against Ticketmaster's Alleged Monopoly
Monopoly suit against Ticketmaster intensifies as Indiana, Iowa, Kansas, Louisiana, Mississippi, Nebraska, New Mexico, South Dakota, Utah, and Vermont join the legal battle. This addition raises the total number of states involved to 39, plus the District of Columbia. The attorneys general, unified in their fight, allege that Ticketmaster, a subsidiary of Live Nation, has been unfairly domineering the live concert industry, effectively controlling the market and limiting competition.
Claims and Legal Actions
- The amended complaint cites federal anti-monopoly laws.
- Seeking treble damages, meaning they can claim triple the amount in compensation.
- Live Nation manages over 400 musical artists and controls around 60% of major concert promotions across the U.S.
Broader Implications for the Concert Industry
The lawsuit not only implicates Ticketmaster but also raises critical questions about monopoly practices in the entertainment sector. With an overwhelming share of primary ticketing—approximately 80%—Ticketmaster's practices may face increased scrutiny, challenging the status quo of ticket sales and concert promotions.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.