Live Nation and Ticketmaster illegally monopolized big concert venues, jury rules
The lawsuit involved dozens of states that alleged Live Nation undermined competition and drove up ticket prices.
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The lawsuit involved dozens of states that alleged Live Nation undermined competition and drove up ticket prices.
A jury ruled that Live Nation and Ticketmaster operated as an illegal monopoly. Variety's Jem Aswad joins CBS News with more.
A jury on Wednesday found that Live Nation and Ticketmaster operated as an illegal monopoly over big concert venues. CBS News legal contributor Jessica Levinson breaks down the case.
Less than a week into a trial over Live Nation's alleged monopoly of the event ticket business, the parent company of Ticketmaster has reached a tentative settlement with the Justice Department. Kenneth Dintzer, antitrust attorney with the law firm Crowell & Moring, joins CBS News to break down the deal.
Live Nation, the parent company of Ticketmaster, has agreed to pay $280 million in civil penalties to 40 states that sued the company on antitrust grounds. As part of the settlement, Ticketmaster must also open technology to allow other ticket sellers to use its platform to reach customers, multiple sources told CBS News. Yasmin Khorram, economic policy reporter for Politico, joined CBS News to discuss.
A landmark federal antitrust trial against Ticketmaster's parent company, Live Nation, got underway this week with the first witness testifying on Wednesday. Antitrust attorney Kenneth Dintzer was in the courtroom and joins "The Daily Report" to discuss.
Regulators allege Ticketmaster used deceptive pricing and sales tactics, costing consumers billions of dollars.
Live Nation says it will invest $1 billion to build 18 new concert venues across the U.S., including in some smaller American cities.
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The Britpop-era behemoth led by brothers Noel and Liam Gallagher sent fans into a frenzy when they announced they would play together for the first time in 15 years.
Last week, Ticketmaster confirmed it was hacked. The group claiming to be behind the breach said it stole the data of some 560 million customers and offered to sell those details for half a million dollars on the dark web. CBS News reporter Zak Hudak has more.
A notorious hacking group claims it has stolen names, addresses, phone numbers and partial credit card details from half a billion Ticketmaster customers, putting it up for sale for half a million dollars. CBS News senior business and tech correspondent Jo Ling Kent has more.
The hacking group "Shiny Hunters" claims it has the personal information of about 560 million Ticketmaster and Live Nation customers. CBS News has not verified the data breach, and both Ticketmaster and its parent company, Live Nation, have not commented.
A notorious cybercriminal group claims to have stolen personal data for 560 million Ticketmaster users. Here's what to know.
Australia is investigating a potential Ticketmaster data breach affecting over half a billion users. Those behind the attack are said to be offering the data for $500,000 on the dark web. CBS News homeland security and justice reporter Nicole Sganga brings us the latest details.
Hacking group ShinyHunters claims it breached events giant Ticketmaster and stolen the details of 560 million customers.
The Justice Department filed a federal lawsuit accusing Ticketmaster and its parent company Live Nation of illegally monopolizing the live entertainment industry.
The Justice Department on Thursday filed an antitrust lawsuit against Ticketmaster and its parent company Live Nation, accusing the concert giant of running an illegal monopoly and driving up prices. The lawsuit, which seeks to break up Live Nation, also accuses it of retaliating against venues that work with rivals, and blocking venues from using other ticket outlets. Meg Oliver has details.
The Justice Department announced Thursday it is suing Ticketmaster and Live Nation, accusing them of monopolizing the live entertainment industry. CBS News homeland security and justice reporter Nicole Sganga joins to unpack the claims.
The Department of Justice and several states are suing Ticketmaster and its parent company Live Nation for allegedly monopolizing the live entertainment industry. CBS News' Nicole Sganga reports.
Attorney General Merrick Garland announced Thursday an antitrust lawsuit against Ticketmaster and its parent company Live Nation. The Justice Department is accusing them of illegally monopolizing the live entertainment industry to the detriment of concertgoers and artists alike.
Gov. Tim Walz on Tuesday signed a ticket transparency bill aimed at protecting music fans when they buy tickets for shows.
In the wake of Taylor Swift ticketing problems, U.S. lawmakers say they'd support new limits on how much money can be made off ticket resales.
Critics say the government is failing to enforce a law that could protect ticket buyers. National consumer correspondent Ash-har Quraishi follows Taylor Swift fans as they fight to change the ticketing industry.
President Trump told reporters Tuesday evening that an announcement on the Strait of Hormuz could happen today or tomorrow, following talks between Iran and Oman.
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When the helicopter that transports President Trump crosses the Potomac, Reagan Washington National Airport is required to impose a ground stop on air traffic.
The Senate confirmed Dr. Erica Schwartz in a 51 to 44 vote.
Former state health official Abdul El-Sayed faced Rep. Haley Stevens in the Democratic Senate primary in Michigan in a closely watched contest that represented the latest test of the party's divisions.
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At least 345 people — the majority in Colorado and Minnesota — have been sickened by a salmonella outbreak, according to the U.S. Centers for Disease Control and Prevention.
The massive food warehouse fire in Los Angeles in June followed a long run of fires at properties tied to one of the world's largest cold storage companies, a CBS News investigation has found.
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Cyberattacks on U.S. water systems that officials suspect may be linked to Iran-backed hackers have been reported in at least a dozen states, sources familiar with the matter told CBS News.
When the helicopter that transports President Trump crosses the Potomac, Reagan Washington National Airport is required to impose a ground stop on air traffic.
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When the helicopter that transports President Trump crosses the Potomac, Reagan Washington National Airport is required to impose a ground stop on air traffic.
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The Senate confirmed Dr. Erica Schwartz in a 51 to 44 vote.
Kira Stokes, who has been in the fitness industry for three decades, taught me to treat movement as medicine for both your body and mind.
In this episode of Healthful, Norah O'Donnell is joined by her personal trainer and fitness expert, Kira Stokes. Since they started exercising together 12 years ago, Kira pushed Norah to lift heavier weights - something Norah initially resisted. Norah has since learned that you lose up to 8-percent of your muscle mass every decade after the age of 30. The two discuss the emotional connection between movement and mental health, how to get started exercising, and what about those weighted vests! Plus - Norah answers what her favorite and least favorite exercises are. We'd love to hear what topics you want to hear covered on Healthful. Text Norah at 202-217-1107.
Juan Carlos González is the stepson of "El Mencho," who was killed by the Mexican military.
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Juan Carlos González is the stepson of "El Mencho," who was killed by the Mexican military.
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A man arrested outside President Trump's golf club in Rancho Palos Verdes, California, was already under investigation for robbery. Nikole Killion has the details.