Department of Justice and 30 AGs Allege Live Nation Has Illegally Monopolized the Live Entertainment Industry and Driven Up Ticket Prices
Chicago – Attorney General Kwame Raoul and the U.S. Department of Justice (DOJ), with a bipartisan coalition of 29 states, today filed a civil antitrust lawsuit against Live Nation Entertainment Inc., and its wholly-owned subsidiary, Ticketmaster LLC, alleging that the company has illegally monopolized the live entertainment industry. The lawsuit seeks to restore competition in the live concert industry, provide better choices at lower prices for fans and open venue doors for working musicians and other performance artists.
“Live Nation’s anticompetitive business practices have led to higher costs and fewer choices for fans seeking live entertainment in Illinois,” said Raoul. “That’s why I am joining the U.S. Department of Justice and my fellow attorneys general in filing this complaint against Live Nation. I remain committed to combating monopolies that harm consumers and undercut innovation in Illinois and across the country.”
Live Nation operates several major concert venues in Illinois, from the Credit Union 1 Amphitheatre in Tinley Park, Illinois to smaller venues like House of Blues Chicago. In 2022, Ticketmaster sales reached nearly $1.5 billion for Illinois, accounting for the vast majority of expenditures on live music entertainment.
The complaint, filed today in the U.S. District Court for the Southern District of New York, alleges that Live Nation’s unlawful conduct has deprived music fans in the United States of ticketing innovation and forced them to use outdated technology while paying more for tickets than fans in other countries. At the same time, Live Nation exercises its power over performers, venues, and independent promoters in ways that harm competition. Live Nation also allegedly imposes barriers to competition that limit the entry and expansion of its rivals.
“We allege that Live Nation relies on unlawful, anticompetitive conduct to exercise its monopolistic control over the live events industry in the United States at the cost of fans, artists, smaller promoters, and venue operators,” said U.S. Attorney General Merrick B. Garland. “The result is that fans pay more in fees, artists have fewer opportunities to play concerts, smaller promoters get squeezed out, and venues have fewer real choices for ticketing services. It is time to break up Live Nation.”
In the lawsuit Raoul and the DOJ allege that Live Nation engaged in a variety of tactics to eliminate competition and monopolize markets:
The lawsuit asks the court to restore competition in the live entertainment industry by prohibiting Live Nation from engaging in its anticompetitive practices and ordering Live Nation to divest Ticketmaster.
Live Nation Entertainment Inc. is a Delaware corporation headquartered in Beverly Hills, California. It describes itself as the “largest live entertainment company in the world,” the “largest producer of live music concerts in the world,” and “the world’s leading live entertainment ticketing sales and marketing company.” Live Nation owns or controls more than 265 concert venues in North America, including more than 60 of the top 100 amphitheaters in the United States. It generates over $22 billion globally in annual revenue.
Ticketmaster is a Virginia limited liability company with headquarters in Beverly Hills, California. Ticketmaster sells concert tickets to fans when those tickets first go on sale and operates resale platforms that enable purchasers to resell those tickets. Ticketmaster is by far the largest concert ticketing company in the United States, multiple times the size of its closest competitor.
Attorney General Raoul joined the DOJ’s complaint as part of a bipartisan coalition of state attorneys general that includes the attorneys general of Arizona, Arkansas, California, Colorado, Connecticut, the District of Columbia, Florida, Maryland, Massachusetts Michigan, Minnesota, Nevada, New Hampshire, New Jersey, New York, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Virginia, Washington, West Virginia, Wisconsin and Wyoming.