Ticketmaster parent Live Nation faces potential breakup as landmark DOJ antitrust trial kicks off | Latest Tech News
Ticketmaster parent Live Nation faces a potential antitrust reckoning as a landmark case accusing the music giant of working an unlawful monopoly over the live music industry kicks off in Manhattan federal court.
Jury choice started Monday in the civil case, which is predicted to last about six weeks. The Justice Department and a coalition of state attorneys normal allege that the 2010 merger between Ticketmaster and Live Nation has stacked the deck against rivals and led to exorbitant sky-high ticket costs for Taylor Swift followers and other numerous other concertgoers.
Live Nation bigwigs Michael Rapino and Joe Berchtold and each anticipated to testify during the trial, as are President Trump ally Kid Rock and music industry honchos like Irving Azoff and Louis Messina – the latter of which runs the company that oversees Swift’s ultra-lucrative tours.
Ticket costs for Taylor Swift followers and other numerous other concertgoers are sky-high thanks to the Live Nation, Ticketmaster merger, according to the DOJ. AP
From the sports activities world, executives from the Brooklyn Nets and Dallas Cowboys are also anticipated to testify about their experiences, including claims that Live Nation forces area operators to use Ticketmaster or risk shedding access to its concert events.
The case may have major ramifications for the music industry and may even consequence in a breakup of Live Nation if jurors finally facet against the company. The company may also be ordered to pay damages to customers in numerous states.
The case is transferring ahead for now despite a weekslong scramble by Live Nation to settle the case before it may go to court. DOJ officers rejected a number of efforts by Live Nation to attain an settlement – though a deal may still be struck during or after the trial, Bloomberg reported.
The DOJ will make its arguments during a period of inside upheaval that included the current exit of antitrust chief Gail Slater, who resigned last month amid reported infighting over how the company ought to deal with key circumstances, including Live Nation.
Live Nation has said it isn’t accountable for surging ticket costs and has laid the blame in half on online ticket scalpers who snap up seats and resell them at a markup.
“The claim that Live Nation and Ticketmaster are responsible for high concert ticket prices and fees was, and is, false,” Live Nation govt vice president of regulatory affairs Dan Wall said in a current assertion.
The two ticketing firms merged in 2010. REUTERS
Last month, US District Judge Arun Subramanian shut down a request by Live Nation to dismiss the lawsuit.
The DOJ case is just one headache for Live Nation, which faces a separate bombshell lawsuit filed by the Federal Trade Commission. That lawsuit accuses Live Nation of turning a blind eye to bots that resell thousands and thousands of tickets online.
The company has also confronted heat on Capitol Hill, with Sen. Marsha Blackburn lately blasting Live Nation for what she called a “very insufficient” response to the bot allegations.
Kid Rock testifies on the fee of live performance tickets before a Senate listening to on Capitol Hill in Washington, D.C. on January 28, 2026. REUTERS
Bringing down ticket costs has been a pet issue for Trump, who issued an govt order last yr asking the FTC to look into the issue.
Ticketmaster controls a large share – up to 70% to 80%, according to some specialists – of the first ticket sale market.
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