After DOJ Lawsuit, Consumers Sue Live Nation and Ticketmaster for $5B
- StewartWood Injury Lawyers
Following the government's lawsuit against Live Nation and Ticketmaster for alleged antitrust violations, the first consumer case has emerged. This class action lawsuit seeks $5 billion in damages for potentially millions of ticket buyers. It accuses Live Nation of using its dominant position to control the live events industry and harm competition. This consumer lawsuit is likely the first of many, putting further pressure on Live Nation. The company has called the government's case "baseless" and argues that there is "more competition than ever" in the concert industry. The legal battle hinges on arguments around Live Nation's past acquisition of Ticketmaster being approved by the government and the complexity of proving antitrust violations in court. While public perception of high ticket prices might resonate with juries, legal experts warn that such cases can be challenging to win.
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