US sues Ticketmaster and owner Live Nation, seeks breakup of monopoly
Enlarge / Ticketmaster advertisements in the United States v. South Africa women's soccer match at Soldier Field on September 24, 2023 in Chicago, Illinois. (credit: Getty Images | Daniel Bartel/ISI Photos/USSF)
The US government today sued Live Nation and its Ticketmaster subsidiary in a complaint that seeks a breakup of the company that dominates the live music and events market.
The US Department of Justice is seeking "structural relief," including a breakup, "to stop the anticompetitive conduct arising from Live Nation's monopoly power." The DOJ complaint asked a federal court to "order the divestiture of, at minimum, Ticketmaster, along with any additional relief as needed to cure any anticompetitive harm."
The District of Columbia and 29 states joined the DOJ in the lawsuit filed in US District Court for the Southern District of New York. "One monopolist serves as the gatekeeper for the delivery of nearly all live music in America today: Live Nation, including its wholly owned subsidiary Ticketmaster," the complaint said.