Live Nation, Ticketmaster must face sprawling class action over prices
A federal judge ruled Live Nation and Ticketmaster must face a class action lawsuit alleging they overcharged customers for tickets.Summary
A federal judge in California has allowed a class action lawsuit against Live Nation and Ticketmaster to proceed, representing millions of Americans who claim they were overcharged for event tickets. Judge George Wu determined the plaintiffs met the requirements to expand the lawsuit, seeking damages for over 400 million tickets purchased since 2010. The lawsuit alleges Live Nation monopolized ticketing services, leading to artificially inflated prices in violation of antitrust laws. Live Nation argued that individualized issues with ticket sales across 1,000 venues made a class action trial impossible, and that venues, not Ticketmaster, set the fees. However, the Supreme Court previously declined to move the case to private arbitration. Live Nation is also facing separate antitrust lawsuits from the Justice Department and a coalition of states, all of which the company denies any wrongdoing.
(Source：CP24 Toronto)