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.
The Justice Department accuses Live Nation of a slew of practices that allow it to maintain a stronghold over the live music scene, including using long-term contracts to keep venues from choosing rival ticketers, blocking venues from using multiple ticket sellers and threatening venues that they could lose money and fans if they don’t choose Ticketmaster.
The lawsuit is the latest example of the Biden administration’s aggressive antitrust enforcement approach targeting companies accused of engaging in illegal monopolies that box out competitors and drive up prices. In March, the Justice Department“Today’s action is a step forward in making this era of live music more accessible for the fans, the artists, and the industry that supports them,” Deputy Attorney General Lisa Monaco said in a statement.
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