Live Nation

FTC Accuses Live Nation, Ticketmaster of Colluding; Bribery Allegations Surface

FTC Accuses Live Nation, Ticketmaster of Colluding with Ticket Brokers. This is a headline that’s buzzing, and honestly, it’s got a lot of people feeling a mix of emotions, from frustration to a strange sense of “told you so.” It seems the Federal Trade Commission is taking aim at the behemoths of the live entertainment industry, and the accusation is a serious one: collusion with ticket brokers.

Now, what does this actually mean? Well, it suggests that Live Nation and Ticketmaster, the dominant forces in the ticketing game, may have been working behind the scenes with ticket brokers, essentially scalpers, to manipulate the market.… Continue reading

Justice Department says illegal monopoly by Ticketmaster and Live Nation drives up prices for fans

Ticket prices for live events have skyrocketed to ridiculous heights, thanks to the illegal monopoly held by Ticketmaster and Live Nation. As a passionate fan of live music, it is disheartening to see the exorbitant fees tacked onto ticket prices, making the experience unaffordable for many. The recent antitrust lawsuit filed by the Justice Department against Ticketmaster and Live Nation is a long-awaited step in the right direction. This lawsuit highlights the monopolistic practices that have fueled the price gouging and diminished competition in the live events industry.

Ticketmaster’s stronghold over ticket sales has created a system where fans are forced to pay unnecessary fees for their tickets.… Continue reading