Tag

#Ticketmaster

19 articles

GENERAL

Ticketmaster Faces Antitrust Verdict; Storms Rage Across Midwest

Live Nation Entertainment, the parent company of Ticketmaster, has been found guilty of violating antitrust laws in a verdict that could reshape the music industry. Meanwhile, severe weather continues to impact the U.S., with tornadoes causing destruction across the Midwest and flooding leading to a state of emergency in Wisconsin. Wall Street reached record highs despite geopolitical tensions, while President Trump's public feud with Pope Francis intensified.

5 days ago
GENERAL

Jury Finds Live Nation Guilty of Monopoly in Antitrust Trial

A jury has found Live Nation, the parent company of Ticketmaster, guilty of creating a monopoly in the live event ticketing market. The verdict, reached after four days of deliberation, could lead to significant changes in how the company operates. A judge will now determine the specific penalties and remedies.

1 week ago
GENERAL

US Lawsuit Could Break Up Ticket Giant, Lower Concert Prices

The U.S. Department of Justice and 30 states are suing Live Nation, alleging it operates a monopoly that harms fans and artists. While a tentative settlement was proposed, several states are pushing for a full breakup of the company, arguing the deal won't fix the monopoly problem. Artists are also beginning to challenge ticketing practices directly, with one singer successfully pushing for price caps on resale tickets.

1 month ago
GENERAL

Trump DOJ Settles Ticketmaster Antitrust Case, Critics Cede Ground

The Trump administration's DOJ has settled a major antitrust case against Live Nation Ticketmaster, opting for minor concessions over a breakup. Critics condemn the move, arguing it favors corporate interests over consumers and abandons a fight against monopolistic practices that have long plagued the live event industry.

1 month ago
Tech

Ticketmaster Settlement: Justice Served or Slap on Wrist?

Live Nation Ticketmaster reaches a settlement with the DOJ in its antitrust trial, agreeing to pay $280 million and sell some venues. However, 27 states continue their fight, questioning if the deal goes far enough to address the company's alleged monopoly.

1 month ago
GENERAL

Live Nation Avoids Breakup in DOJ Antitrust Deal

Live Nation has reached a settlement with the Department of Justice, avoiding a forced breakup of Ticketmaster. The deal aims to increase competition and lower prices by granting rivals access to ticketing systems and limiting venue exclusivity.

2 months ago
GENERAL

Live Nation Settles Antitrust Case, Avoids Breakup

Live Nation has reached a settlement with the Justice Department, avoiding a breakup of the concert giant. The deal requires Ticketmaster to open its ticketing system to rivals and Live Nation to divest venues, aiming to increase competition. However, the impact on ticket prices is expected to be modest, and several states continue their own legal battles.

2 months ago