• DOJ v. Live Nation-Ticketmaster

  • Jun 28 2024
  • Length: 33 mins
  • Podcast

DOJ v. Live Nation-Ticketmaster By cover art

DOJ v. Live Nation-Ticketmaster

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  • Summary

  • According to a May 23rd U.S. Department of Justice press release, “the Justice Department, along with 30 state and district attorneys general, filed a civil antitrust lawsuit against Live Nation Entertainment Inc. and its wholly-owned subsidiary, Ticketmaster LLC (also known as Live Nation-Ticketmaster) for monopolization and other unlawful conduct that thwarts competition in markets across the live entertainment industry.” A high demand for tickets to Taylor Swift’s “Eras Tour” and a rise in ticket prices for a 2022 Bruce Springsteen concert, are just a few examples of how Live Nation-Ticketmaster’s actions angered consumers, and ultimately led the DOJ to step into action. In this episode, Craig is joined by Lee Hepner, a California-based antitrust lawyer and Senior Legal Counsel for the American Economic Liberties Project, as they spotlight the Justice Department’s lawsuit against Live Nation-Ticketmaster. Craig & Lee will talk about the lawsuit, monopolies, antitrust law, and the potential impact this could have on the ticket sales giant and future ticket sales. Mentioned in this episode: Justice Department Press Release on DOJ v. Live Nation-Ticketmaster Lawsuit
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