Concert Ticket Industry Broken Because Of Ticketmaster

NEW YORK (AP) — A Justice Department lawyer has told a New York jury at the start of an antitrust trial that the concert ticket industry is broken because Ticketmaster and its parent company Live Nation Entertainment have monopolized the market, driving up prices for consumers. Attorney David Dahlquist said in his opening statement Tuesday that the U.S. government and 39 states are counting on the federal jury in Manhattan to correct a wrong that would reward artists and consumers with money lost to the lack of competition. Attorney David Marriott argued on behalf of Ticketmaster and Live Nation. He said that the government’s wrong and the ticket industry is more competitive than ever.