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ARTICLE · 31 JULY 2024

Antitrust Litigation Update - July 2024

On May 23, 2024, the U.S. Department of Justice, along with 29 state attorneys general and the District of Columbia, sent shockwaves through the live entertainment industry by filing suit against Live Nation and its wholly-owned subsidiary...

United StatesAntitrust/Competition Law

Bad Blood: DOJ seeks to break up Live Nation/Ticketmaster

On May 23, 2024, the U.S. Department of Justice, along with 29 state attorneys general and the District of Columbia, sent shockwaves through the live entertainment industry by filing suit against Live Nation and its wholly-owned subsidiary, Ticketmaster, seeking to break-up a merger that the DOJ originally approved back in 2010. The company is no stranger to controversy, and recently faced intense criticism from Taylor Swift and her fans arising from Ticketmaster's failure to effectively manage sales of Eras tour tickets. Asserting claims under the Sherman Antitrust Act and various state antitrust statutes, they allege that Live Nation-Ticketmaster unlawfully wields its dominant position in the live music ticketing and promotion markets to the detriment of concert-goers who are forced to pay inflated "service fees," musical artists who have less options for promoters, large venues and amphitheaters which are

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