A PYMNTS Company

US: Delrahim confirms Live Nation Antitrust Investigation

By  |  September 18, 2019

At an antitrust enforcement oversight hearing held by the Senate Judiciary Subcommittee on Antitrust, Makan Delrahim—Assistant Attorney General for the Department of Justice Antitrust Division—confirmed that Live Nation is under investigation for alleged anti-competitive behavior and its adherence to a 2010 consent decree.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    While he declined to elaborate further, he did confirm that his department was “examining allegations of violations” of the decree, which Live Nation and Ticketmaster agreed to prior to the two companies merging. The decree included Ticketmaster licensing its software to competitors and offload subsidiary Paciolan, among other requirements.

    We’d love to be your preferred source for news.

    Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

    Add as Preferred Source

    In recent years, allegations have surfaced that Live Nation/Ticketmaster have “flouted” the decree in their business practice as the largest promoter and ticketer in the world. In August, Senators Amy Klobuchar (Democrat – Minnesota) and Richard Blumenthol (Democrat – Connecticut) wrote AAG Delrahim requesting that his office conduct an investigation into the industry and Live Nation Entertainment’s adherence to the consent decree.

    Full Content: Ticket News

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.