FILE - Ticketmaster tickets and gift cards are shown at a box office in San Jose, Calif., May 11, 2009. The Justice Department has filed a sweeping antitrust lawsuit against Ticketmaster and its parent company, Live Nation Entertainment, accusing the companies of running an illegal monopoly over live events in America and squelching competition.
“We allege that Live Nation relies on unlawful, anticompetitive conduct to exercise its monopolistic control over the live events industry in the United States at the cost of fans, artists, smaller promoters, and venue operators,”said in a statement. “The result is that fans pay more in fees, artists have fewer opportunities to play concerts, smaller promoters get squeezed out, and venues have fewer real choices for ticketing services. It is time to break up Live Nation-Ticketmaster.
But competitor ticket sellers have long complained that Live Nation makes it difficult for them to disrupt the market with practices such as withholding acts if those venues don’t agree to use Ticketmaster’s service.
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