LAS VEGAS, Nev. (FOX5) – The Nevada Attorney General announced on Thursday morning that he will be joining the US Department of Justice’s anti-trust lawsuit against Live Nation.
This lawsuit stems from allegations that Live Nation, which owns Ticketmaster, has illegally monopolized the live entertainment industry by increasing prices for live shows across the country.
“Live Nation’s business practices have directly harmed consumers and the entertainment industry by contributing to skyrocketing prices for live entertainment,” said AG Aaron Ford. “Nevada, with our reliance on the tourism sector and live entertainment, feels the effects of increasing prices in this area deeply. By joining this lawsuit, we will fight to keep our world-class experiences more affordable for both Nevadans and tourists.”
The lawsuit, which was filed in the Southern District of New York, is requesting damages for the plaintiffs and fans who were overcharged. Additionally, the lawsuit asks the court to prohibit Live Nation from engaging in its “current anti-competitive practices” and divest from Ticketmaster.
The plaintiffs argue that Live Nation increased fees and was not forthcoming about the final cost for live events. They also allegedly threatened venues with a loss of access to Live Nation-controlled tours if those venues signed with other ticket services, and “strong-armed” artists into partnering with Live Nation as a promoter.
In joining the DOJ’s lawsuit, AG Ford also joins the attorneys general of Arizona, Arkansas, California, Colorado, Connecticut, the District of Columbia, Florida, Illinois, Maryland, Massachusetts, Michigan, Minnesota, New Hampshire, New Jersey, New York, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Virginia, Washington, West Virginia, Wisconsin and Wyoming.
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