Kwame Raoul : Illinois AG Joins Ticketmaster Lawsuit

By | May 25, 2024

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Accident – Death – Obituary News : : 1. Ticketmaster lawsuit Illinois
2. DOJ Ticketmaster lawsuit Illinois Attorney General

Illinois Attorney General Kwame Raoul has joined 29 other states and the U.S. Department of Justice to file a civil antitrust lawsuit against Ticketmaster and its parent company Live Nation Entertainment Inc. Raoul alleges in the lawsuit that Live Nation Entertainment Inc. and Ticketmaster have illegally monopolized the live entertainment industry. The suit aims to restore competition in the live concert industry, provide better choices at lower prices for fans, and open venue doors for working musicians and other performance artists. Live Nation operates major concert venues in Illinois, including the Credit Union 1 Amphitheatre in Tinley Park and House of Blues Chicago. Ticketmaster sales reached nearly $1.5 billion for Illinois in 2022, according to the release. The lawsuit alleges that Live Nation engages in anticompetitive conduct to control the live events industry in the United States, resulting in higher costs for fans and fewer opportunities for artists and smaller promoters. U.S. Attorney General Merrick B. Garland stated, “It is time to break up Live Nation” due to their monopolistic control. Raoul and the DOJ claim that Live Nation uses tactics like exclusive contracts and retaliatory actions to eliminate competition and monopolize markets. The lawsuit includes a bipartisan coalition of state attorneys general from various states across the country.

1. Illinois Attorney General collaborates with DOJ to sue Ticketmaster
2. Ticketmaster lawsuit: Illinois Attorney General and other states take legal action

Illinois Attorney General Kwame Raoul Joins Lawsuit Against Ticketmaster and Live Nation

Illinois Attorney General Kwame Raoul has teamed up with 29 other states and the U.S. Department of Justice to file a civil antitrust lawsuit against Ticketmaster and its parent company Live Nation Entertainment Inc. The lawsuit alleges that the two companies have illegally monopolized the live entertainment industry, leading to higher costs and limited choices for fans seeking live entertainment in Illinois.

Allegations Against Live Nation and Ticketmaster

The lawsuit seeks to restore competition in the live concert industry and provide better choices at lower prices for fans. Live Nation Entertainment Inc., which operates several major concert venues in Illinois including the Credit Union 1 Amphitheatre in Tinley Park, has been accused of engaging in anticompetitive practices that have harmed consumers and undercut innovation.

Ticketmaster, a Virginia limited liability company with headquarters in Beverly Hills, California, is alleged to have monopolized ticket sales for live music events in Illinois, generating nearly $1.5 billion in sales in 2022. The complaint filed in the U.S. District Court for the Southern District of New York claims that Live Nation’s unlawful conduct has deprived music fans in the United States of ticketing innovation and forced them to use outdated technology while paying more for tickets than fans in other countries.

Impact on Fans and Artists

According to the news release, Live Nation exercises its power over performers, venues, and independent promoters in ways that harm competition. The company is accused of imposing barriers that limit the entry and expansion of its rivals, as well as restricting artists’ access to venues through partnerships and exclusive agreements. The lawsuit alleges that Live Nation engaged in tactics to eliminate competition and monopolize markets, including locking out competition with exclusive contracts and retaliating against potential entrants.

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Joining the Fight Against Monopolies

Illinois Attorney General Kwame Raoul, along with the bipartisan coalition of state attorneys general, is committed to combating monopolies that harm consumers and undercut innovation. The attorneys general of 29 states, including Arizona, Arkansas, California, Colorado, and more, have joined the DOJ’s complaint in an effort to break up Live Nation and restore competition in the live events industry.

This lawsuit represents a significant effort to hold Live Nation and Ticketmaster accountable for their alleged anticompetitive practices and to ensure that fans, artists, and smaller promoters have fair access to the live entertainment industry. Raoul and the DOJ are determined to fight against monopolies that limit choices and drive up prices for consumers.

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