Live Nation, the ticketing giant that reached a tentative settlementwith the Department of Justice last week, remains under fire.
A coalition of more than 30 states that had joined the original lawsuit filed in 2024 is refusing to accept the $200-million settlement, causing the trial to resume this week in Manhattan’s Federal Court.
The settlement with the Justice Department requires Beverly Hills-based Live Nation to open Ticketmaster to rival ticket sellers, force the company to open select venues to competing promoters and cap service fees at 15%. California is one of the key states still involved in the trial.
But those steps fall short, critics say.
“It’s clear that Live Nation has manipulated the market and made itself untouchable by competitors, hurting artists, hurting fans, hurting venues, all the while, raking in the cash,” said California Atty. Gen. Rob Bonta at the Capitol Forum conference last week. “Not because it’s a better service or product, because it acted illegally and created a monopoly.”
U.S. senators have also chimed in. Minnesota’s Amy Klobuchar recently introduced the Antitrust Accountability and Transparency Act to strengthen the review of antitrust settlements. Klobuchar said in a release that it’s “clear the American people got the raw end of the deal.”
And Connecticut’s Richard Blumenthal released a report that provides new details into the inner workings of Ticketmaster and urges attorneys general across the nation to reject the settlement.
Blumenthal said that the Trump administration’s settlement with Live Nation will keep consumers vulnerable to Ticketmaster’s “anticompetitive practices” and ultimately push “concert tickets farther out of reach for fans.”
The senator’s report, entitled “So Casually Cruel: How Ticketmaster’s Monopoly Supercharges Prices and Fees,” examined over 100,000 documents and Ticketmaster’s revenue data. The report argues that the company leveraged its market control to make tickets available on the resale market before they were available to the general public in an effort to hike prices and boost profits.
“The ticketing market is broken,” Blumenthal said in a statement.
In its own statement, Ticketmaster said Blumenthal’s report “misrepresents how the live events industry works” and that the problem lies in the secondary ticketing industry.
“This is why we’ve long called for industry resale reform, including price caps, while also developing tools to empower artists and protect fans,” Ticketmaster said in a statement.
Recently, Ticketmaster has backed ticketing bills like AB-1349 and advocated to Congress for an industry-wide resale cap.
Sens. Blumenthal and Klobuchar are among many industry experts who say the settlement doesn’t adequately address anticompetitive practices and falls short of protecting consumers from high ticket prices.
Under Klobuchar’s new bill, courts could have 90 days to review public comments and government responses.
“When the government prosecutes antitrust violations, the goal should be to uphold the law, lower prices, and protect consumers and small businesses,” Klobuchar said in the statement.
Lindsay Owens, the executive director of the economic policy nonprofit Groundwork Collaborative, said the settlement will end up being “incredibly costly for concertgoers, performers, and independent venues.”
“California and 35 other states are standing up for Americans who are sick and tired of being ripped off and having to scrimp and save to enjoy a night out,” Owens said in a statement.
This ongoing trial is one of several major legal battles the ticketing giant is facing. The company is also being sued by the Federal Trade Commission and is dealing with a handful of class-action lawsuits from groups of concertgoers.
Times staff writer Meg James contributed to this report.
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