Concert tickets cost too much – level 3

21-04-2026 15:00

A federal jury in New York found that Live Nation and its subsidiary Ticketmaster have been operating as an illegal monopoly.

The court concluded that the entertainment giant stifled competition, which led to high ticket prices and poor service for fans.

Although the US Department of Justice settled, a coalition of 27 states continued the lawsuit and sought a structural breakup of the company. Experts argue that separating Ticketmaster from Live Nation is necessary to bring fairness back to the industry. Furthermore, there are calls to limit Live Nation’s control over artist management and concert venues.

While Live Nation plans to appeal, many believe this verdict marks the beginning of the end for their total dominance of the live entertainment market.

Difficult words: subsidiary (a company that is owned or controlled by another larger company), monopoly (when one company has total control over a market and there are no competitors), stifle (to stop something from growing or succeeding).

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