{"id":79465,"date":"2024-04-16T12:03:56","date_gmt":"2024-04-16T16:03:56","guid":{"rendered":"https:\/\/www.cyberlego.com\/web\/2024\/04\/16\/live-nation-will-soon-face-doj-antitrust-lawsuit-report\/"},"modified":"2024-04-16T12:03:56","modified_gmt":"2024-04-16T16:03:56","slug":"live-nation-will-soon-face-doj-antitrust-lawsuit-report","status":"publish","type":"post","link":"https:\/\/www.cyberlego.com\/web\/2024\/04\/16\/live-nation-will-soon-face-doj-antitrust-lawsuit-report\/","title":{"rendered":"Live Nation Will Soon Face DOJ Antitrust Lawsuit:\u00a0Report"},"content":{"rendered":"

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\n\tThe U.S. Department of Justice is planning to sue Live Nation over alleged violations of federal antitrust laws, according to a report by the Wall Street Journal.<\/em><\/p>\n

\n\tA lawsuit will be filed within weeks that alleges the concert giant leveraged its dominance over the live music industry to undermine competition for ticketing, the Journal reported Tuesday<\/a>, citing people familiar with the matter. Few other details about the planned case were revealed.<\/p>\n

\n\tLive Nation has faced widespread criticism from angry fans and lawmakers since its botched handling of Taylor Swift\u2019s \u201cEras\u201d tour in 2022. Days after the incident, news broke that the DOJ had already been investigating Live Nation for months over potential antitrust violations.<\/p>\n

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\t\t\t\t\t\t\"Taylor<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n

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\t\t\t\t\tWill Superfans Pay More for Premium Experiences at Concerts? Live Nation Is Betting On\u00a0It\t\t<\/p>\n<\/h3><\/div>\n

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\n\tRepresentatives for Live Nation and the DOJ did not immediately return requests for comment from Billboard<\/em>.<\/p>\n

\n\tSince Live Nation and Ticketmaster merged in 2010, the company has long faced criticism that it exerts an unfair dominance over the market for live concerts. The DOJ approved the merger at the time, but imposed a so-called consent decree designed to prevent the company from abusing its position. Those restrictions were set to expire in 2020, but they were extended by five years after the DOJ accused Live Nation of repeatedly violating the decree.<\/p>\n

\n\tThat same criticism resurfaced in late 2022 with the disastrous roll out of tickets to Swift\u2019s tour, which saw widespread service delays and website crashes as millions of fans tried \u2013 and many failed \u2013 to buy tickets. \u00a0Live Nation pinned the blame on a \u201cstaggering number of bot attacks,\u201d but lawmakers quickly argued that the incident was the result of a market dominated by one company.<\/p>\n

\n\t\u201cTicketmaster\u2019s power in the primary ticket market insulates it from the competitive pressures that typically push companies to innovate and improve their services,\u201d said Sen. Amy Klobuchar (D-Minn.), the chair of the Senate subcommittee for antitrust issues.<\/p>\n

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\t\t\t\t\t\t\"Live<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n

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\t\t\t\t\tLive Nation Had Another Record Year as Its Business Went Global & Fans Continued Flocking\u2026\t\t<\/p>\n<\/h3><\/div>\n

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\n\tIn December 2022, the New York Times<\/em> reported that DOJ had already been investigating Live Nation<\/a> for months before the Swift debacle, including reaching out to venues across the country to ask about the company\u2019s conduct. A year later, Reuters <\/em>reported that the probe was ongoing<\/a>, with federal investigators focusing on whether Live Nation imposed anticompetitive agreements on venues.<\/p>\n

\n\tLast year, Live Nation hired Dan Wall<\/a>, a veteran competition attorney who previously headed the antitrust practice at the law firm Latham & Watkins, as an executive vice president for corporate and regulatory affairs. In a blog post last month, Wall publicly defended the company<\/a> against allegations similar to those that could be coming in the DOJ\u2019s lawsuit, arguing that ticket prices were set by artists and driven up by the forces of supply and demand.<\/p>\n

\n\t\u201cIn the ongoing antitrust attacks on Live Nation and Ticketmaster, a constant theme is that their alleged \u2018monopolies\u2019 are responsible for high ticket prices,\u201d Wall wrote. \u201cRhetorically, that\u2019s understandable, because if you want to rile up fans against Live Nation and Ticketmaster, there is no better way than to blame them for something you know fans dislike.\u201d<\/p>\n<\/div>\n<\/div>\n

Aller \u00e0 la source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The U.S. Department of Justice is planning to sue Live Nation over alleged violations of federal antitrust laws, according to a report by the Wall Street Journal. A lawsuit will be filed within weeks that alleges the concert giant leveraged its dominance over the live music industry to undermine competition for ticketing, the Journal reported […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[17],"tags":[],"class_list":["post-79465","post","type-post","status-publish","format-standard","hentry","category-musique","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"_links":{"self":[{"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/posts\/79465","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/comments?post=79465"}],"version-history":[{"count":0,"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/posts\/79465\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/media?parent=79465"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/categories?post=79465"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/tags?post=79465"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}