You mention that Live Nation and Ticketmaster have violated antitrust laws through anticompetitive.. 1 answer below »

You mention that Live Nation and Ticketmaster have violated antitrust laws through anticompetitive behavior. Which antitrust laws do you think that they violated (e.g., the Sherman Act, Clayton Act, etc.) and why?

A New York-based online concert-ticket seller, Songkick, has helped major artists sell passes directly to fans so as to avoid scalpers. The company recently filed a lawsuit against Ticketmasterand its parent company, Live Nation, claiming that Ticketmasterand Live Nation are engaging in anti-competitive behavior by pressuring touring artists and concert venues to not work withSongkick’s service. Songkick claims Live Nation broke federal antitrust laws, by attempting to destroy competition in the artist pre-sale ticketing services market. Artists use Songkick to offer tickets to fan-club members before they go on sale to the general public and to keep prized passes out of the hands of scalpers who want to sell them on the secondary market. The company says it has worked with artists including Kenny Chesney,Metallica, Adele and Mumford & Sons.

 

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