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Home»Business
Business

Three decades of disputes between Ticketmaster, musicians, and concert-goers

May 24, 2024No Comments3 Mins Read
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The Justice Department has filed an antitrust lawsuit against Ticketmaster and Live Nation Entertainment, accusing them of running an illegal monopoly over live events in the US. This lawsuit claims that the companies have been squashing competition and driving up prices for fans. This legal action is just the latest in a long history of disputes between artists, fans, and Ticketmaster. One such example is Pearl Jam’s complaint in 1994, where they accused Ticketmaster of using its position to prevent promoters from booking the band due to their opposition to Ticketmaster’s pricing practices.

Another notable conflict involved StubHub suing Ticketmaster and the Golden State Warriors in 2015. StubHub alleged that Ticketmaster and the basketball team unfairly required fans looking to resell tickets to use Ticketmaster’s exchange, which artificially drove up ticket prices. Taylor Swift also experienced frustrations with Ticketmaster in 2022 when fans encountered delays and error messages while trying to buy tickets for her tour. This led to a public outcry, with many fans expressing anger over the ticket purchasing process.

Bruce Springsteen fans were similarly upset over Ticketmaster’s pricing model, which saw ticket prices soaring to $5,000 or more during high demand periods. Despite Ticketmaster’s claims that most fans were able to purchase tickets at face value, many were left feeling frustrated and priced out. The issue of Ticketmaster’s dominance in the industry was brought before the US Senate in 2023, with lawmakers debating potential actions to address the lack of competition and transparency in the ticketing industry. This included discussions of potentially splitting Ticketmaster and Live Nation.

In response to these ongoing issues, Minnesota passed a “Taylor Swift bill” in 2024 aimed at providing more transparency and consumer protection for ticket buyers in the state. This legislation requires ticket sellers to disclose all fees upfront and prohibits resellers from selling more than one copy of a ticket. The new law will take effect in 2025 and apply to tickets purchased in Minnesota or for events held in the state. Overall, the legal battles and public frustrations surrounding Ticketmaster highlight the need for greater competition and transparency in the live events ticketing industry.

As the Justice Department takes legal action against Ticketmaster and Live Nation for alleged antitrust violations, the long-standing disputes between artists, fans, and the ticketing giant are brought to the forefront once again. From Pearl Jam’s complaints in 1994 to more recent conflicts involving Taylor Swift and Bruce Springsteen, the issue of ticket pricing and distribution has been a source of contention for years. The lawsuit filed by the Justice Department marks a significant step towards addressing the alleged monopoly held by Ticketmaster and its parent company, Live Nation.

Efforts by lawmakers at both the state and federal levels to address the lack of competition and transparency in the ticketing industry reflect the growing concerns over pricing practices and consumer protection. With Minnesota passing a new law aimed at providing more clarity and safeguards for ticket buyers, other states may follow suit in implementing similar measures. As the conversation around ticketing practices continues to evolve, it is clear that the issue of monopolies and anti-competitive behavior in the live events industry will remain a key point of contention for artists, fans, and regulators alike.

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