Live Nation Settlement Enables Price-Gouging, Blumenthal Says

Democratic Sen. Richard Blumenthal says a report he’s releasing from a Senate investigations subcommittee raises concerns that Live Nation’s recent settlement with the US “will allow anti-consumer price gouging tactics to continue.”

• Blumenthal posts on X
• He says his report shows “new information” on how Live Nation’s Ticketmaster “abused its monopoly power to reap huge profits” and push up concert ticket prices
• Blumenthal says “it’s time to break up Ticketmaster”
• Read the report here
• NOTE: Live Nation Gets to Keep Ticketmaster in Surprise DOJ Settlement

To contact the reporter on this story:
Bryan Pietsch in Washington at bpietsch3@bloomberg.net

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