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Скачать или смотреть Breaking down the Department of Justice's lawsuit against Live Nation and Ticketmaster

  • WKYC Channel 3
  • 2024-05-23
  • 187
Breaking down the Department of Justice's lawsuit against Live Nation and Ticketmaster
[ legally-speakinglifenationalnews ]
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Описание к видео Breaking down the Department of Justice's lawsuit against Live Nation and Ticketmaster

Legal analysis: The US Department of Justice (DOJ) filed an antitrust lawsuit on Thursday against Ticketmaster and its parent company, Live Nation Entertainment, accusing them of acting as a monopoly.

The DOJ argues that Live Nation has created a monopoly over ticketing and live events through exclusive contracts with venues that require those venues to use Ticketmaster to sell tickets, and that this amounts to illegally suppressing competition.

During a press conference on Thursday, US Attorney General Merrick Garland said, "Ticketmaster can impose a seemingly endless list of fees on fans. Those include ticketing fees, service fees, convenience fees, Platinum fees, price master fees per order fees, handling fees, and payment processing fees, among others."

Garland added that Live Nation's anticompetitive conduct makes it so that “fans pay more in fees, artists have few opportunities to play concerts, smaller promoters get squeezed out, and venues have fewer real choices for ticketing services.”

Read more: https://www.wkyc.com/article/life/leg... --

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