States Push On in Live Nation Antitrust Trial
Irvine News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
The antitrust trial against Live Nation and Ticketmaster continues in New York, with thirty-six states and the District of Columbia pushing forward. After the Justice Department settled, the states grilled Jay Marciano, AEG Presents top executive. The states argue that Live Nation and Ticketmaster dominate promotions and sales, inflating ticket prices. The companies lawyers counter that the live events world is complex, with artists, teams, and venues calling the shots on pricing. The Justice Departments deal forces Live Nation to let rivals into more ticketing, but many states argue its not enough to break the industrys grip.
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