{"id":7836,"date":"2026-01-06T01:08:40","date_gmt":"2026-01-06T01:08:40","guid":{"rendered":"https:\/\/musictechohio.online\/site\/live-nation-ticketmaster-antitrust-lawsuit-competitor\/"},"modified":"2026-01-06T01:08:40","modified_gmt":"2026-01-06T01:08:40","slug":"live-nation-ticketmaster-antitrust-lawsuit-competitor","status":"publish","type":"post","link":"https:\/\/musictechohio.online\/site\/live-nation-ticketmaster-antitrust-lawsuit-competitor\/","title":{"rendered":"Live Nation & Ticketmaster Face Another Antitrust Lawsuit, This Time From a Failed Ticket\u00a0Startup"},"content":{"rendered":"
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\n\tA new lawsuit claims the alleged monopoly exercised by Live Nation and Ticketmaster forced an upstart competitor called Fanimal out of business.<\/p>\n

\n\tThe case, filed on Tuesday (Dec. 30) in federal court, is the latest in a slew of antitrust lawsuits to allege Live Nation and Ticketmaster have unlawfully cornered the live events industry since merging in 2010. A blockbuster Department of Justice (DOJ) suit seeks to force the two companies apart<\/a>, and consumers are pursuing their own damages in multiple class actions<\/a>.<\/p>\n

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\t\t\t\t\t\tLONDON, ENGLAND - JUNE 21: (EDITORIAL USE ONLY. NO STANDALONE PUBLICATION USE (NO SPECIAL INTEREST OR SINGLE ARTIST PUBLICATION USE; NO BOOK USE)) Taylor Swift performs onstage during \"Taylor Swift | The Eras Tour\" at Wembley Stadium on June 21, 2024 in London, England. (Photo by Kevin Mazur\/Getty Images for TAS Rights Management)<\/p><\/div>\n<\/p><\/div>\n

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\t\t\t\t\tTaylor Swift Fans Score Initial Win in Lawsuit Over Ticketmaster\u2019s Eras Tour\u00a0\u2018Disaster\u2019\t\t<\/p>\n<\/h3><\/div>\n

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\n\tThis time, the plaintiff is a would-be rival: ticketing platform Fanimal. The company was founded in 2018 with an emphasis on transparent pricing and easily split group ticket purchases, but it shut down and was sold to TickPick in 2024. \u00a0<\/p>\n

\n\t\u201cFanimal was an innovative ticketing start-up focused on fans,\u201d reads the lawsuit. \u201cIt had venture capital backing, a fast-growing user base of more than 250,000, and a projected valuation of more than $100 million within just a few years. But Fanimal fell prey to Defendants\u2019 anticompetitive practices and was forced to shutter its ticketing business and sell its parts.\u201d<\/p>\n

\n\tLike the DOJ and consumer lawsuits, Fanimal\u2019s complaint alleges Live Nation has used its control of the concert promotion market to force major venues into using Ticketmaster as their exclusive ticket brokers.<\/p>\n

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\t\t\t\t\tLive Nation Moves to Crush DOJ Antitrust Case With Motion to\u00a0Dismiss\t\t<\/p>\n<\/h3><\/div>\n

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\n\tFanimal says it had the capacity to provide ticketing for major concert venues, but Ticketmaster\u2019s exclusive contracts made it impossible to compete for these opportunities. According to the lawsuit, this alleged ceiling on Fanimal\u2019s scaling capacity closed the door on further venture capital funding.<\/p>\n

\n\tNow, Fanimal is seeking to recoup its financial losses from Live Nation and Ticketmaster. The complaint states that as a result of the companies\u2019 anticompetitive conduct, it had to sell to TickPick for \u201ca modest amount.\u201d<\/p>\n

\n\tReps for Live Nation and Ticketmaster declined to comment on the new lawsuit on Monday (Jan. 5). The companies have previously denied<\/a> wielding any monopolistic power, arguing that competition in the live events space has actually increased since their merger.<\/p>\n

\n\tThe DOJ case is currently scheduled to go to trial in May. Meanwhile, a broad swath of ticket buyers was granted class certification in a suit against Live Nation and Ticketmaster last month, and a narrower group of Taylor Swift<\/a> fans overcame a key dismissal motion<\/a> in November to keep pursuing antitrust claims tied to the Eras Tour presale.<\/p>\n


\n \"Billboard
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<\/div>","protected":false},"excerpt":{"rendered":"

A new lawsuit claims the alleged monopoly exercised by Live Nation and Ticketmaster forced an upstart competitor called Fanimal out of business. The case, filed on Tuesday (Dec. 30) in…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1252,387,1732,449,444,94,450],"tags":[],"class_list":["post-7836","post","type-post","status-publish","format-standard","hentry","category-antitrust","category-business","category-lawsuit","category-legal","category-legal-news","category-music-news","category-touring"],"_links":{"self":[{"href":"https:\/\/musictechohio.online\/site\/wp-json\/wp\/v2\/posts\/7836","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/musictechohio.online\/site\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/musictechohio.online\/site\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/musictechohio.online\/site\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/musictechohio.online\/site\/wp-json\/wp\/v2\/comments?post=7836"}],"version-history":[{"count":0,"href":"https:\/\/musictechohio.online\/site\/wp-json\/wp\/v2\/posts\/7836\/revisions"}],"wp:attachment":[{"href":"https:\/\/musictechohio.online\/site\/wp-json\/wp\/v2\/media?parent=7836"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/musictechohio.online\/site\/wp-json\/wp\/v2\/categories?post=7836"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/musictechohio.online\/site\/wp-json\/wp\/v2\/tags?post=7836"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}