Pop Music

DOJ Will Sue to Break Up Dwell Nation and Ticketmaster: Report

In keeping with a brand new report, the U.S. Division of Justice will take authorized motion in an effort to interrupt up Dwell Nation and Ticketmaster.

The transfer is a part of a brand new antitrust lawsuit the DOJ is ready to file in New York. The opportunity of such authorized motion has been constructing for a while, as federal regulators have been investigating Dwell Nation since 2022.

Bloomberg was the primary to report the pending litigation, formally saying that “the US Justice Division and a gaggle of states will sue Dwell Nation Leisure Inc. for antitrust violations associated to Ticketmaster’s unequalled management of live performance ticket gross sales.”

Rolling Stone adopted with a report of their very own, including that the “go well with has been one of the crucial anticipated potential authorized actions within the reside music trade.”

What Have Dwell Nation and Ticketmaster Been Accused Of?

Dwell Nation and Ticketmaster have been underneath intense scrutiny from followers, regulators and competing firms alike ever since they merged in 2010. Critics have argued that the facility wielded by the conglomerate has made it just about not possible for various live performance promoters and ticketing firms to compete. Others have accused Dwell Nation of utilizing their would possibly to artificially inflate live performance ticket costs.

READ MORE: Dwell Nation’s ‘Belief Us’ Place Is Inadequate, Senators Say

Dwell Nation has constantly pushed again in opposition to antitrust allegations, insisting that artists and the venues themselves are sometimes those who influence ticket costs.

“Statements to the impact that Dwell Nation and Ticketmaster ‘maintain ticket costs excessive’ are simply flat unsuitable,” Dan Wall, Dwell Nation’s Government Vice President for Company and Regulatory Affairs, wrote in an essay earlier this 12 months. “Anybody with a primary understanding of the trade is aware of this. Those that perpetuate this falsehood are cynical at finest. They do a disservice to customers and to rational political discourse.”

2024 Summer time Rock Excursions

Lots of rock’s largest artists will hit the highway for performances as soon as extra in 2024.

Gallery Credit score: Corey Irwin


Your email address will not be published. Required fields are marked *