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What will be the amount of damages awarded in the DOJ's antitrust lawsuit against Live Nation by the end of 2024?
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Live Nation Entertainment•Ticketmaster•District of Columbia•Indiana•Iowa•Kansas•Louisiana•Mississippi•Nebraska•New Mexico•South Dakota•Utah•Vermont•Live Nation
Resolution / Starting Odds
Less than $500 million • 25%
$500 million to $1 billion • 25%
$1 billion to $2 billion • 25%
More than $2 billion • 25%
Court ruling, official announcements from the DOJ or Live Nation, major news outlets
Story
Ten More States Join DOJ's Antitrust Lawsuit Against Live Nation, Seeking Triple Damages
Aug 19, 2024, 05:10 PM
The U.S. Department of Justice has announced that ten additional states have joined its antitrust lawsuit against Live Nation Entertainment and its ticket-selling division, Ticketmaster. The lawsuit accuses the company of monopolizing markets across the live concert industry. Initially filed in May, the lawsuit now includes a total of 39 states and the District of Columbia. The states joining the lawsuit are Indiana, Iowa, Kansas, Louisiana, Mississippi, Nebraska, New Mexico, South Dakota, Utah, and Vermont. Attorneys general from about two dozen states are seeking triple damages for concertgoers, alleging that Live Nation has overcharged for concert tickets.
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Similar markets
DOJ wins • 25%
Live Nation-Ticketmaster wins • 25%
Settlement • 25%
Case dismissed • 25%
Less than $100 million • 25%
$100 million to $500 million • 25%
$500 million to $1 billion • 25%
More than $1 billion • 25%
Increase by more than 10% • 25%
Increase by less than 10% • 25%
Decrease by less than 10% • 25%
Decrease by more than 10% • 25%
40 states • 25%
41-45 states • 25%
46-50 states • 25%
More than 50 states • 25%
X and Rumble win • 25%
Defendants win • 25%
Settlement reached • 25%
Case dismissed • 25%
No penalty • 25%
Up to $1 billion • 25%
$1 billion to $5 billion • 25%
More than $5 billion • 25%
No penalty • 25%
Up to $10 million • 25%
$10 million to $50 million • 25%
Over $50 million • 25%
Less than $4.7 billion • 25%
$4.7 billion to $10 billion • 25%
$10 billion to $14 billion • 25%
More than $14 billion • 25%
Yes • 50%
No • 50%
Less than $100 million • 25%
$100 million to $500 million • 25%
$500 million to $1 billion • 25%
More than $1 billion • 25%