US Senators Amy Klobuchar and Mike Lee, Chair and Ranking Member of the Senate Judiciary Subcommittee on Competition Policy, Antitrust and Consumers Rights, have called on the Department of Justice (DOJ) to continue examining Live Nation and Ticketmaster’s ‘anticompetitive conduct’. Following the recent hearing, in which Live Nation Entertainment president and chief financial officer Joe …
2023 – the year Live Nation and Ticketmaster split up?
The Cowen Group, an investment bank, financial services and analysis company, has said that it believes the US Department of Justice (DOJ) will sue Ticketmaster and Live Nation this year, with the goal of breaking the merger apart. Media outlet More Perfect Union reported that The Cowen Group believes the chances of Ticketmaster and owner …
Former USGA employee sentenced to 14 months in prison for $3.3m ticket scam
A former United States Golf Association (USGA) employee has been sentenced to 14 months in prison for embezzling more than $3.3m (£2.7m/€3.2m) worth of US Open tickets. The announcement was made by US Attorney Jennifer Arbittier Williams and the US Department of Justice. Former USGA employee, Robert Fryer, was sentenced by United States District Judge …
Consumer body joins call for Live Nation investigation
The National Consumers League (NCL), one of the US’s most established consumer champions, has joined calls for an investigation into Ticketmaster and Live Nation’s control of the nation’s live events marketplace. Sally Greenberg, the body’s executive director, has written to the Department of Justice’s Antitrust Division to add its support for the investigation of anti-competitive …
US Senators urge Department of Justice to investigate the state of competition in concert and live entertainment market
US Senators Richard Blumenthal (pictured left) and Amy Klobuchar (pictured right) have called on the Department of Justice to investigate competition in the live entertainment market, including Ticketmaster and Live Nation’s updated consent decree. In a release from Blumenthal’s office, the Senators for Connecticut and Minnesota said that Live Nation, through its ownership of Ticketmaster …