- A bipartisan coalition of 34 AGs submitted an initial remedies proposal asking the Southern District of New York to require Live Nation to divest Ticketmaster after a jury found the companies violated federal and state antitrust laws.
- The proposal also asks the court to require Live Nation to divest a sufficient number of Live Nation-owned large amphitheaters and cancel certain leases and exclusive booking arrangements, with the states arguing Live Nation used its amphitheater control to shut out rival promoters and pressure artists into using its promotion services.
- The proposed injunctive remedies would also restrict Live Nation and Ticketmaster from conditioning venues’ access to Live Nation content on ticketing platform choice, enforcing certain exclusivity provisions against major concert venues, entering new long-term exclusive ticketing agreements, and tying artists’ amphitheater access to Live Nation promotion services. The states also seek damages, civil penalties, disgorgement, and restitution.
- As previously reported, the coalition won at trial after rejecting the DOJ’s proposed settlement with Live Nation. The jury found that Ticketmaster unlawfully maintains a monopoly in primary ticketing at major concert venues and that Live Nation has a monopoly in the market for large amphitheaters.