Attorney General Jennifer Davenport said on Mar. 9 that a coalition of state attorneys general will continue their antitrust lawsuit against Live Nation, the parent company of Ticketmaster, for allegedly monopolizing the live entertainment and concert ticketing industry.
The ongoing legal action is significant because it addresses concerns about competition in the live music marketplace and aims to protect consumers from what officials describe as illegal monopoly practices. The case has drawn attention due to its potential impact on ticket prices, artist opportunities, and consumer access to concerts.
Davenport said, “In May 2024, a bipartisan group of state attorneys general joined the U.S. Department of Justice to sue Live Nation for monopolizing the market for ticketing and using its monopoly power in the concert venue market to reinforce and protect that monopoly. For too long, Live Nation has raked in billions from a monopoly that has made it harder for consumers to see the artists they love, stifled artists, and increased the price of tickets for countless music fans.”
She continued, “The case against Live Nation is strong, and the state coalition is committed to holding the company accountable for its illegal behavior, protecting consumers, and restoring competition to this market. The settlement recently announced does not adequately remedy the harms to the marketplace for live music and to concertgoers caused by Live Nation. We are willing and able to stand with other partner states to continue litigating this case without the federal government so that we can hold Live Nation accountable in court and secure appropriate relief in this case.”
Davenport added, “As state attorneys general and antitrust enforcers, we are fully committed to protecting our citizens from illegal monopolies and restoring competition to the live music marketplace.” States continuing with litigation include New Jersey among others.
According to the official website, New Jersey Attorney General Matthew Platkin aims to protect residents’ lives and property while upholding legal standards across all counties and municipalities in New Jersey. The office influences public safety through law enforcement oversight and provides services such as legal representation for the state, crime lab support, victim advocacy programs, regulation of public safety matters under statutory mandate, as well as consumer protection initiatives according to its official website.
The broader implications of this lawsuit could affect how major entertainment companies operate nationwide. Observers will be watching closely as states pursue further legal action independently of federal authorities.
