TicketNews: Two historic cases now threaten Live Nation and Ticketmaster from different directions: the DOJ’s antitrust lawsuit filed in 2024, which seeks remedies up to a full corporate break-up, and the FTC’s consumer-protection and BOTS Act lawsuit filed this week, which targets deceptive fees and resale practices. Together, they put Live Nation’s vertically integrated empire — and the fee-heavy ticketing system fans have railed against for years — in serious jeopardy.
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This article is a great summarization of what’s going on with TicketMaster right now. They had it coming, and it’s what they deserve after their history. I think that both of these cases coming in at around the same time really strengthen the chances that TicketMaster and Live Nation are seriously weakened. Even if the court doesn’t completely break up the company, I think there’s a good chance that they will still be struggling in the near future. All that Live Nation needs is a competitor to force them into competitive pricing instead of overcharging. Also, now that these cases are going on, I think a competitor would be very successful since I doubt customers are still on Live Nation’s side. The company has done damage to the live events industry and there absolutely need to be action taken. I’m excited to see what the court will decide for the company.
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