DOJ To File Antitrust Suit Against Ticketmaster Parent

April 16, 2024 Business, Government

The Department of Justice (DOJ) is planning to sue Live Nation, one of the largest ticketing and live events companies in the country, on antitrust grounds, a regulatory source familiar with the DOJ’s plans told Axios.

The company faced intense scrutiny from lawmakers and consumer advocacy groups over botched ticket sales for Taylor Swift’s Eras Tour in late 2022. That fiasco highlighted the firm’s dominance, although the DOJ was reportedly already investigating the company.

Live Nation acquired Ticketmaster in 2010. The DOJ at the time didn’t sue to block the deal, but barred the company from pressuring concert venues to use its ticketing software through a legal order called a consent decree.

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The DOJ is planning to sue Ticketmaster parent Live Nation on antitrust grounds. A source familiar with the DOJ’s plans tells Axios that the timing is unclear. https://t.co/TN7l5hSm5p

— Axios (@axios) April 16, 2024