Live Nation and Ticketmaster Held Illegal Monopoly in Ticketing Market, Jury Finds

Posted by mcfw31

13 Comments

  1. > After the blockbuster trial that went from the U.S. Department of Justice to 34 states, a jury has decided that Live Nation Entertainment and its subsidiary Ticketmaster illegally held monopoly power in the ticketing market.

    > Throughout the trial, the states argued that Live Nation and Ticketmaster held a monopoly over the live music industry and were responsible for driving up prices, with the states’ attorney Jeffrey Kessler branding the company a ā€œmonopolistic bully,ā€ per the Associated Press. He claimed that they had used tactics that ā€œkept digging the moat around the monopoly castle in order to protect their market position.ā€

  2. Resident_Ad5153 on

    This is an enormous deal. Ā It is also only the first step… next comes a lengthy appeals process.

    What will happen if LN is broken up is completely unknown. Ā It could be nothing! Ā It’s quite possible LN is not responsible for the rise in ticket prices! Ā  It’s also possible that it will utterly reshape the live industry. Ā LNs dominance is based on an ability to give bigger deals to artists then its competitors… they can do this because of the TM monopoly. Ā Without that… we’ll see what happens

  3. myghostflower on

    wait woah, this could actually lead to their split…

    but sadly, i don’t see face value prices going down lol once something goes up, it usually stays up :((

  4. PlentyDrawer on

    Being an old and living through ticket prices going up and up and up, I will believe it when I see it, if this affects ticket prices.

  5. the_Stealthy_one on

    I’d love to see resell tickets being sold at close to face value or below as well.

    Too many scalpers are being tickets and marking them up great — and technology has meant they can do that from a world away.

    In New York – it’s an insane problem. Seeing it now with World Cup tickets too.

    A State Senator in NYC is putting forth a bill to make ticket prices
    more affordable, which will hopefully pass:

    https://www.nysenate.gov/newsroom/in-the-news/2026/james-skoufis/can-new-york-stop-ticket-scalpers-gouging-concertgoers

    https://www.nysenate.gov/legislation/bills/2025/S8221/amendment/A

  6. DailyShowerCry on

    I dont understand why people support live music via LN or TM. You have to pay for electricity, food, housing. You DO NOT HAVE to pay $300 to go see a human make tonal noises from their mouth (usually dubbed in). Why are people spending over $400 to see Dave Matthews or over $800 to see taylor swift?!?!?

    When the collective stop allowing these greedy mf ers from fleecing them, it will start things right again.

    I dont understand this. Probably never will

    Edit- I live near a major city with a high cost of living. Shit is expensive for me for everything

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