States continue antitrust case against Live Nation and Ticketmaster after DOJ settles
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The Bottom Line
Thirty-six states continue suing Ticketmaster and Live Nation despite federal government settling separately.
How This Affects You
Concert ticket prices and fees could be reduced if states win additional restrictions on ticketing monopoly.
AI Summary
Thirty-six states are continuing their antitrust lawsuit against Live Nation and Ticketmaster despite the Justice Department settling its claims and withdrawing from the case last week. The DOJ had joined the states in challenging the companies' alleged monopolistic practices in the live entertainment ticketing market, but reached a separate settlement agreement that allowed it to exit the litigation. The states' decision to press forward means the legal pressure on the entertainment giants continues, potentially leading to different remedies or penalties than those agreed to in the federal settlement. Live Nation merged with Ticketmaster in 2010, creating a dominant force that controls both major concert venues and primary ticket sales for most live events. The ongoing state case could result in additional restrictions on the companies' business practices or force further concessions beyond what the DOJ settlement required.
What's Being Done
Thirty-six states are pressing forward with their antitrust lawsuit against the entertainment companies.
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