It is time for “Look What You Made Me Do” (The Justice Division’s model).
Over a 12 months after Ticketmaster crashed, stopping rabid Taylor Swift followers from buying tickets to her live performance tour, the DOJ has introduced an antitrust lawsuit in opposition to Ticketmaster’s father or mother firm, Reside Nation Leisure. The go well with accuses the ticket gross sales large of unlawfully dominating the market.
“We aren’t right here at this time as a result of Reside Nation-Ticketmaster’s conduct is inconvenient or irritating. We’re right here as a result of, as we allege, that conduct is anti-competitive and unlawful,” Lawyer Common Merrick Garland stated at a press convention on Thursday. “It’s time to break it up.”
In its lawsuit, the Justice Division says that Reside Nation and Ticketmaster have used “energy and affect to insert themselves on the heart and the perimeters of nearly each facet of the reside music ecosystem,” permitting them to stifle innovation and exert management over how followers can buy tickets and the place artists can carry out.
“This has given Reside Nation and Ticketmaster the chance to freeze innovation and bend the business to their very own profit. Whereas this can be a boon to Reside Nation’s backside line, there’s a actual price to Individuals,” the Justice Division says within the lawsuit.
The investigation adopted a fumbled pre-sale of tickets in late 2022 for Taylor Swift’s Eras Tour as followers competed with bots for a restricted variety of tickets.
“It is really superb that 2.4 million individuals bought tickets, however it actually pisses me off that a whole lot of them really feel like they went by means of a number of bear assaults to get them,” Swift stated following the discharge.
A spokesperson for Swift didn’t instantly reply to Enterprise a request for remark from Enterprise Insider.
In response to the antitrust go well with, Reside Nation stated that “calling Ticketmaster a monopoly could also be a PR win for the DOJ within the quick time period, however it should lose in court docket.”
“The DOJ’s lawsuit will not clear up the problems followers care about referring to ticket costs, service charges, and entry to in-demand reveals,” the corporate stated in a press release. “Our development comes from serving to artists tour globally, creating lasting reminiscences for tens of millions of followers, and supporting native economies throughout the nation by sustaining high quality jobs.”
This can be a growing story. Please verify again for updates.
