In part II of a two-part series, Michael A. Carrier analyzes the merits and strengths of the government’s recent lawsuit against Live Nation and its subsidiary, Ticketmaster, for monopolizing the live entertainment market. See here for part I.
In part I of a two-part series, Michael A. Carrier outlines the evidence behind the government’s recent lawsuit against Live Nation and its subsidiary, Ticketmaster, for monopolizing the live entertainment market. Part II will come out tomorrow.
Roslyn Layton highlights a recent data breach that exposed the personal information of millions of customers, including those who never directly used Ticketmaster's services, underscoring concerns about the company's data collection practices and market dominance.
Drawing on their research, John Kwoka and Tommaso Valletti refute criticisms of the Department of Justice’s lawsuit to break up Live Nation-Ticketmaster that argue such actions irreparably ruin the operations of the constituent firms. The authors highlight the many examples of successful breakups and conclude that only a breakup will now repair the market for live entertainment.
The Department of Justice is rumored to be planning to sue Live Nation-Ticketmaster for monopolizing markets for live events. Diana L. Moss explores what potential remedies the government might pursue to address competitive harms in markets such as ticketing for concert venues and sports arenas, and ticket resale, including the viability of breaking up the company.
The Senate has introduced two bills to address ticketing transparency and competition in the live events industry. While the bills followed on the heels of Live Nation-Ticketmaster’s mishandling of the Taylor Swift Eras Tour, the problems go back much further. Diana Moss argues that the most recent bill, the Fans First Act, while well-intentioned, risks undermining competition by hamstringing the resale market, which will only strengthen Ticketmaster’s monopoly.