Live-Nation faced criticism for its practices for over a decade
The United-States Department-of-Justice is reportedly preparing to file an antitrust lawsuit against Live Nation, with the suit potentially being filed as early as May.
According to sources cited by The Wall Street Journal, the lawsuit will allege that Live Nation has utilized its dominant position in the industry to stifle competition in ticketing live events. Representatives for both the Justice Department and Live Nation have not yet issued statements regarding the matter.
Live Nation has faced criticism for its practices for over a decade, with accusations of anticompetitive behavior despite the company’s claims that it does not control ticket prices or hold a monopoly.
The scrutiny intensified in 2023 following an investigation into Live Nation’s ticket-selling system for Taylor Swift’s “The Eras Tour,” which led to legal action from fans alleging unlawful conduct.
As developments unfold, more information is expected to emerge regarding the potential antitrust lawsuit against Live Nation.
