Live Nation faces DOJ action over ticketing practices
Live Nation Entertainment, the world’s largest concert promoter, is about to face federal legal action over its ticketing practices.
The combination of the two companies made Live Nation a colossus with tentacles in multiple areas of the music industry, including concert promotion, ticketing and artist management. The senators’ August letter specifically took aim at Live Nation, citing “disturbing reports that” the company “has flouted” the conditions of the 2010 consent decree.
Competitors have also tried to do legal battle with Live Nation. For example, the online ticket-selling start-up Songkick in 2015 filed a David-and-Goliath antitrust lawsuit against Live Nation, saying Ticketmaster has used its clout to try to “the dispute in 2018, in a deal that resulted in Live Nation buying some of Songkick’s assets. In 2014, Ticketmaster agreed to issue $400 million in credits to ticket buyers to settle a class-action lawsuit over processing fees.
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