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Reason
Reason
Jack Nicastro

Live Nation's Merger with Ticketmaster Isn't Responsible for High Resale Prices—You Are

Live Nation Ticketmaster Justice Department Federal Trade Commission United States Ben Ray Luján Marsha Blackburn Taylor Swift FTC

Thanks to federal antitrust enforcers, it could soon become harder for you to see your favorite band live. On Monday, Live Nation announced that it will no longer allow ticket brokers to have multiple Ticketmaster accounts following an October 10 letter from Sens. Marsha Blackburn (R–Tenn.) and Ben Ray Luján (D–N.M.) demanding answers about resale prices on the ticket-selling platform.

The company is facing lawsuits from the Justice Department and Federal Trade Commission (FTC) over the resale prices on Ticketmaster. In 2010, the Justice Department approved the merger between Live Nation, which manages venues and promotes live events, and Ticketmaster, which facilitates the sale and resale of tickets. But in 2024, the agency sued Live Nation in federal court for allegedly monopolizing primary ticketing services, concert venues, and promotion services, among other allegations.

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