Ticketmaster is at the heart of a U.S. antitrust lawsuit against parent company Live Nation
TechCrunchJUN 1 2024
Live Nation and Ticketmaster, together as one entity, is a monopoly that hurts consumers, venues, and artists. This has gone on for far too long, and it's time for the government to break up the two companies and allow true competition to emerge.
This suit is completely unfounded and counterproductive to its stated aims. The DOJ is showing it isn't versed about Live Nation's business, which relies on market-driven prices and thin margins. Breaking up Ticketmaster and Live Nation would hurt consumers.