Olivia Van Iderstine Et Al V. Live Nation Entertainment, Inc. Et Al
A group of individuals, including Olivia Van Iderstine, Mitch Oberstein, Gary Matty, and Sophie Burke, have filed a class action lawsuit against Live Nation Entertainment, Inc. and Ticketmaster LLC. The lawsuit alleges that Ticketmaster has violated antitrust laws under Sections 1 and 2 of the Sherman Act by dominating primary ticketing services for live music events at major concert venues throughout the nation. The plaintiffs claim that Ticketmaster has achieved a market share exceeding 70% through a web of long-term exclusive dealing agreements and various anticompetitive acts. Additionally, the plaintiffs allege that Live Nation Entertainment, which merged with Ticketmaster in 2010, is the largest and most dominant concert promoter for major concert venues in the United States, and that Ticketmaster provides the vast majority of ticketing for those top grossing tours. The lawsuit aims to hold Live Nation Entertainment and Ticketmaster accountable for their anticompetitive behavior and promote competition in the primary and secondary ticketing markets.
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