Ticketmaster and Live Nation, two of the biggest online ticket vendors and promotional companies in the music industry, are being sued by Songkick over “antitrust violations, intentional interference, and anticompetitive behavior.”
Songkick has been on the rise in recent years. They supply users with an aggregated calendar of all music events of interest. They just wrapped up a pair of pre-sales for Adele and are planning to conduct more ticket sales on their site. With such big plans for the future, Songkick now seem to be taking the necessary steps to carve out their place in the concert ticketing domain
In a 68-page document filed with the U.S. District Court of Central California, Songkick claim that Live Nation and Ticketmaster made a conscious effort to restrict their business. The document outlines that Ticketmaster conducts 70% of general ticket sales and that Live Nation controls over 60% of concert promotion. Songkick is basically saying that these two companies are too big and they they deserver a piece of the action.
Full content: Magnetic Magazine
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Electrolux Fined €44.5 Million in French Antitrust Case
Dec 19, 2024 by
CPI
Indian Antitrust Body Raids Alcohol Giants Amid Price Collusion Probe
Dec 19, 2024 by
CPI
Attorneys Seek $525 Million in Fees in NCAA Settlement Case
Dec 19, 2024 by
CPI
Italy’s Competition Watchdog Ends Investigation into Booking.com
Dec 19, 2024 by
CPI
Minnesota Judge Approves $2.4 Million Hormel Settlement in Antitrust Case
Dec 19, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – CRESSE Insights
Dec 19, 2024 by
CPI
Effective Interoperability in Mobile Ecosystems: EU Competition Law Versus Regulation
Dec 19, 2024 by
Giuseppe Colangelo
The Use of Empirical Evidence in Antitrust: Trends, Challenges, and a Path Forward
Dec 19, 2024 by
Eliana Garces
Some Empirical Evidence on the Role of Presumptions and Evidentiary Standards on Antitrust (Under)Enforcement: Is the EC’s New Communication on Art.102 in the Right Direction?
Dec 19, 2024 by
Yannis Katsoulacos
The EC’s Draft Guidelines on the Application of Article 102 TFEU: An Economic Perspective
Dec 19, 2024 by
Benoit Durand