Dwell Nation, which operates the Ticketmaster platform, has been decided to be a monopoly. A federal jury handed down its determination right this moment that the corporate violated federal and state antitrust guidelines. This discovering will not shock anybody who has used Ticketmaster and been sticker-shocked by their remaining invoice. Nevertheless, it is unclear what the jury’s determination will imply in apply.
For starters, the decide overseeing the case hasn’t decided what cures will likely be utilized. The actions might go so far as requiring Dwell Nation to dump Ticketmaster. There are additionally financial damages to be awarded, which have not been set but. And regardless of the decide decides, it is also possible that Dwell Nation will enchantment the choice. We have reached out to Ticketmaster for remark.
The Division of Justice and a gaggle of state and district attorneys normal sued Dwell Nation on monopoly claims in 2024. The federal government company reached a settlement with Dwell Nation final month, however the different events continued their motion. There’s additionally a separate case being waged by the Federal Commerce Fee questioning whether or not Dwell Nation colluded with ticket resellers.
