logo
episode-header-image
May 2024
8m 55s

Will the Ticketmaster antitrust lawsuit ...

MARKETPLACE
About this episode

The Justice Department is suing Live Nation, the parent company of Ticketmaster, saying that it violated antitrust law. Live Nation controls at least 80% of box office sales at major concert venues, and owns or controls more than 60% of large amphitheaters in the U.S. Yet we may not know the upshot of the lawsuit for consumers for quite some time. Also: a look inside the wide world of indie video games.

Our May fundraiser ends Friday, and we need your help to reach our goal. Give today and help fund public service journalism for all!

Up next
Apr 8
Uh oh, Pinot: How tariffs will impact the U.S. wine economy
Care for a glass of Chianti or Bordeaux after recent market volatility? It’ll cost ya. After a tense few weeks, President Donald Trump announced a 20% tariff on all EU goods, including wine. While you might think that U.S. producers would be cheering, domestic wineries and wine s ... Show More
8m 6s
Apr 8
Some calm has come back to financial markets
Overseas stock markets and U.S. stock index futures are showing an upward move in prices today, and volatility is down in sharp contrast to yesterday morning. Yesterday’s rollercoaster ride resulted from false information about a potential tariff pause. Some $2.5 trillion went in ... Show More
9m 28s
Apr 8
China’s not backing down in the tariff fight
From the BBC World Service: In a push toward a full-blown global trade war, China has reacted strongly to President Donald Trump’s threat to raise tariffs on its exports to more than 100%, saying it would “fight until the end.” Meanwhile, markets in Asia and Europe are more stabl ... Show More
8m 1s
Recommended Episodes
May 2024
The Trustbuster Taking on Ticketmaster
Assistant Attorney General Jonathan Kanter heads the Department of Justice’s Antitrust Division. He speaks with Ryan Knutson about the DOJ’s lawsuit against Live Nation and Ticketmaster, and why the government says the business is an illegal monopoly which the company denies. Fur ... Show More
21m 33s
May 2024
The Government Takes On Ticketmaster
Over recent years, few companies have provoked more anger among music fans than Ticketmaster. Last week, the Department of Justice announced it was taking the business to court.David McCabe, who covers technology policy for The Times, explains how the case could reshape America’s ... Show More
23m 48s
May 2024
US sues to break up Live Nation-Ticketmaster 'monopoly'
Live Nation - which promotes concerts, owns venues and sells tickets through its Ticketmaster platform - currently controls around eighty percent of major entertainment ticket sales in the US. Also: the French president speaks of an "unprecedented insurrection movement" in New Ca ... Show More
34m 46s
May 2024
Ticketmaster plan?
The US Department of Justice launches action to break up concert promotor Live Nation and its subsidiary Ticketmaster. Felicity Hannah has the latest.Meanwhile, in the UK, the Competition and Markets Authority announces that it is escalating a probe into vet fees and the theme pa ... Show More
51m 55s
Nov 2022
Taylor Swift's Ticketmaster Nightmare
It's a difficult time to be a Swiftie right now. After pre-sale tickets for Taylor Swift’s “Eras” tour were released on Tuesday, the rush to snag seats was wild, resulting in a record-breaking sales day for Ticketmaster. The "historically unprecedented" demand caused fans to wait ... Show More
13m 28s
Jan 2023
🎸 “Justice for Swiftees” — Ticketmaster’s Senate grilling. Amazon’s $5 drug buffet. Brazil & Argentina’s joint currency.
Remember that Taylor Swift ticket fiasco? Welp, the US Senate just summoned Ticketmaster’s President to Washington for a grilling about the future of concert tickets. Amazon just launched a $5/month unlimited generic medication subscription — first they hook us, then they book us ... Show More
20m 12s
May 2024
DOJ Sues Ticketmaster Owner Live Nation Over Alleged Monopoly
P.M. Edition for May 23. The U.S. Justice Department and more than two dozen states want to break up Live Nation and Ticketmaster. And Washington considers reducing additional capital requirements for the nation’s biggest banks. Heard on the Street writer Telis Demos explains wha ... Show More
13m 29s
Feb 2024
Treasury Extends Anti-Money-Laundering Rules to Private-Equity
P.M. Edition for Feb. 20. The first case involving what defense lawyers call “shadow insider trading” goes to trial next month. Reporter Dave Michaels explains the test it poses for the SEC. And after decades of debate, the U.S. Treasury Department is planning to extend anti-mone ... Show More
16m 14s
Aug 2021
Politico sells, Forbes SPACs, and Vice cuts
The Equity crew felt that there was enough media news out recently that we simply had no choice but to fire up a Twitter Space and have a chat. The above episode is a discussion of a few things, in a loose and relaxed manner, so don't take any of the Verizon jokes too seriously, ... Show More
22m 1s
Nov 2022
Ticket scalpers and the Taylor Swift fiasco (Encore)
For most people, buying scalped tickets may be the only way to see Taylor Swift's Eras tour. Thanks, Ticketmaster. But economically speaking, the resale market is more complicated than it seems. For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Mon ... Show More
8m 27s