States Resume Anti-Monopoly Case Against Ticketmaster and Live Nation on Monday
Over thirty U.S. state attorney generals are set to resume their antitrust litigation against Live Nation and Ticketmaster on Monday after negotiations between these states' consortiums and the Department of Justice failed this week in New York City.
Key Points
-
1Over 30 US state attorney generals are resuming their antitrust case against Live Nation and Ticketmaster on Monday.
-
2The federal Department of Justice settled with the ticketing giant earlier in the week while states took over to continue proceedings independently
-
3Settlement negotiations between some seven additional states joining the DOJ failed, leading dozens more AGs formally join a state-led consortium for trial continuation
Developments
Seven states with Republican attorneys general have joined the Justice Department in settling their antitrust case against Live Nation and Ticketmaster after negotiations failed to produce a broader agreement. Consequently, more than 30 other state prosecutors will resume Monday's trial arguing that these companies monopolize ticket markets through anti-competitive tactics like threats and retaliation while driving up prices for fans.
The antitrust lawsuit against Live Nation is set for a restart on Monday under state control after Colorado Attorney General Phil Weiser and other holdout states withdrew their motion for mistrial. Consequently, Judge Arun Subramanian denied the defendant's request to exclude disputed exhibits from jurors as parties finalize witness orders without federal involvement in prosecution.