Break up the live ticketing monopoly!
Petition to DOJ:
We urge you to investigate the Ticketmaster-Live Nation monopoly. The 2010 Ticketmaster-Live Nation merger allowed the ticketing behemoth to clinch a 70% share of the primary ticketing and live event venues market, harming performers and concert-goers alike. The DOJ must investigate the corporation for potential violations of antitrust law and move to break up the Live Nation-Ticketmaster monopoly!
When Ticketmaster-Live Nation lists the price of a concert but doesn’t include mysterious fees that can hike the ticket price up as much as 70%, they’re not just bumming out music fans, they’re manipulating the entire industry of live events, hurting both customers and performers.1
Ticketmaster-Live Nation gets away with this because they own 70% of the market share. They aren’t just clearly a monopoly, Ticketmaster-Live Nation might also be violating the conditions that allowed their megamerger to begin with. In essence, lying to the government. Join the legions of grassroots activists calling on the Department of Justice to investigate Ticketmaster and move to break up the Live Nation-Ticketmaster monopoly.
Sign the petition: Investigate Ticketmaster-Live Nation for potential violations of antitrust law!
When the DOJ allowed the merger in 2010, they claimed that it would promote “robust competition” to “benefit consumers”. Instead, consumers and industry professionals are facing:
- Increased ticket prices
- Rip-off junk fees that can equate to 75% of a ticket’s value
- Anticompetitive behavior that bullies independent venues and artists
- Ticket prices that can change once they’ve been added to a customer’s cart
- Limitations on buying only one ticket
Without competition in the industry, music lovers, sports fans, and event goers are completely at the mercy of this mega-corporation.
Sign the petition: Investigate Ticketmaster-Live Nation for potential violations of antitrust law and move to break them up!
Sources:
- Hollywood Reporter, “Activist Group Asks Justice Dept. to Unwind Live Nation and Ticketmaster Merger,” October 19, 2022.