Senate Republicans Kill Their Own Border Deal to Suck Up to Trump

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. 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-Ticketmaster.

Dan Wall, Live Nation’s executive vice president for corporate and regulatory affairs, refuted the suit’s premise, arguing Live Nation’s revenue has declined due to competition and that the suit will have no impact on ticket prices. He included a graph to belay his point, showing the ticket retailer’s revenue significantly lower than that of tech giants Apple, Meta, and Google.

“It was evident in our discussions with the DOJ Front Office that they just did not want to believe the numbers. The data conflicted too much with their preconception that Live Nation belongs in the ranks of the other “tech monopolists” they have targeted,” Wall wrote. “It is also clear that we are another casualty of this Administration’s decision to turn over antitrust enforcement to a populist urge that simply rejects how antitrust law works.”