New Hampshire joins antitrust lawsuit against Live Nation
Officials say company drives up ticket prices
Officials say company drives up ticket prices
Officials say company drives up ticket prices
New Hampshire is one of 30 states joining the U.S. Department of Justice in filing an antitrust lawsuit against Ticketmaster's parent company, Live Nation Entertainment.
Officials said the company is forcing out competition and driving ticket prices up for fans.
The New Hampshire attorney general's office said Live Nation is intimidating smaller promoters from selling tickets to fans and trying to lock in venues with long-term agreements. Officials said those actions are monopolizing the live entertainment industry.
The attorney general's office said it hopes the lawsuit helps give fans better choices at lower prices. Officials said they're holding Live Nation accountable for exercising its power over performers, venues and independent promoters to discourage competition and by threatening to pull tours controlled by the company from venues if they sign with a rival ticket company.
>> Download the free WMUR app to get updates on the go: Apple | Google Play <<
The attorney general's office said Granite Staters are paying some of the highest ticket markup rates in the country when it comes to the face value of a ticket, affecting venues like SNHU Arena and Bank of New Hampshire Pavilion.
The lawsuit is asking for Live Nation to be separated from Ticketmaster and for refunds for customers who have been overcharged.
"Even after Live Nation divests from Ticketmaster, they need to stop the other anti-competitive practices, so that's what the lawsuit asks for," said Attorney General John Formella.
He said antitrust lawsuits can take years to come to a resolution, and it could go to trial.
Live Nation told the Associated Press that the allegations are baseless, saying the lawsuit "won't solve the issues fans care about relating to ticket prices, service fees and access to in-demand shows."