Question
A New York-basedonlineconcert-ticket seller,Songkick, has helped major artists sell passes directly to fans so as to avoid scalpers. The company recently filed a lawsuit againstTicketmasterand
A New York-basedonlineconcert-ticket seller,Songkick, has helped major artists sell passes directly to fans so as to avoid scalpers. The company recently filed a lawsuit againstTicketmasterand its parent company, Live Nation,claiming thatTicketmasterand Live Nation are engaging in anti-competitive behavior by pressuring touring artists and concert venues to not work withSongkick's service.Songkickclaims Live Nation broke federal antitrust laws, byattempting to destroy competition in the artistpre-saleticketing services market.Artists useSongkickto offer tickets to fan-club members before they go on sale to the general public and to keep prized passes out of the hands of scalpers who want to sell them on the secondary market. The company says it has worked with artists including KennyChesney,Metallica, Adele and Mumford & Sons.
Do you believeTicketmasterand Live Nationhave violated anti-trust laws?Explain.
In answering the question, please define what is anti-trust and refer to any key laws in the eText that applies to this case.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started