After a jury found that Live Nation-Ticketmaster violated antitrust law on several counts, the company warns in a blog post that the verdict “is not the last word on this matter.” The company plans to renew a motion for the judge to issue a ruling against the states, claiming that they did not prove their […]
Live Nation-Ticketmaster is an illegal monopolist, a Manhattan jury found, according to Bloomberg. The jury found the company liable on three counts: illegally monopolizing the market for live event ticketing, amphitheaters, and tying its concert promotions business with the use of its venues, Bloomberg reported. The verdict, reached after several days of deliberation, leaves the […]
Consumer complaints about Ticketmaster are so voluminous at state attorneys general offices that Pennsylvania’s comes with an explicit plea for residents lodging a grievance about the company to be patient for a response. That kind of pressure has driven more than 30 states to push forward with claims that Live Nation-Ticketmaster illegally monopolized parts of […]
“It’s not personal, Sonny, it’s strictly business.” That quote was first delivered by mob boss Michael Corleone in The Godfather, but last Monday, it became the title of a speech by the Justice Department’s acting antitrust chief Omeed Assefi. At a George Washington University event co-hosted with the publication MLex, Assefi described an agency firing […]
Today on Decoder, we’re talking about the major antitrust lawsuit against Live Nation, and what it might mean for antitrust and competition law in general now that the Justice Department under Trump has decided to settle its part of the case. That’s even as many states — including New York, California, and Texas — carry […]
In 2021, the virtual world was the future of the internet. The pandemic had sequestered everyone indoors, heightening the appeal of digital communities. Facebook rebranded to Meta – a sign of the tech giant’s investment in and commitment to the metaverse as the future of the internet. Despite losing billions in VR, Meta released an […]
After a chaotic week following the Justice Department’s mid-trial settlement with Live Nation-Ticketmaster, the antitrust trial picked back up surprisingly smoothly on Monday – this time, with dozens of states leading the case. This isn’t the outcome the states originally wanted. Out of concerns about being able to effectively take over the case and fear […]
The Live Nation-Ticketmaster trial is back on. Dozens of states are expected to move forward with their claims against the company’s alleged concert industry monopoly beginning on Monday, following a brief hearing on Friday. The Justice Department and a handful of states have accepted settlements with the company, but the majority of the 40 state […]
Instead of moving forward with a jury trial against Live Nation-Ticketmaster as expected, the Justice Department announced a settlement Monday that omitted what used to be on the top of its wish list: a breakup. What the DOJ did get was a series of concessions that some industry stakeholders found unsatisfying and even baffling. There […]
Was it a threat or a reality check? That’s a key question in the government’s anti-monopoly case against Live Nation, which is currently in limbo after the Justice Department reached a settlement with the company and as dozens of states push ahead. The Verge obtained the audio of a 2021 call at the center of […]