Feds seek info on ‘unfair,’ ‘anticompetitive’ practices in live entertainment industry

Concert attendees enjoyed a summer performance in Central Park in New York City in 2024. Federal officials have announced that they are now seeking information regarding practices or behaviors considered “anticompetitive” in the entertainment industry. “Many Americans believe that they are being priced out of live entertainment due to scalpers, bots, and other unfair practices,” stated FTC Chairman Andrew Ferguson. The U.S. government is conducting a public inquiry to identify unfair and anticompetitive practices in the live concert and entertainment industry. This initiative follows an executive order signed by President Donald Trump on March 31 that aimed to address unfair practices in the live entertainment market. The order directs the Department of Justice and the Federal Trade Commission to enforce antitrust laws to enhance competition and affordability for fans while ensuring fair compensation for artists. The public has been invited to provide feedback and information on harmful practices in the industry, which will be used to prepare a report with recommendations for the White House. Additionally, a civil antitrust lawsuit is currently being pursued against Live Nation Entertainment’s subsidiary Ticketmaster for alleged monopolization and unlawful conduct that hindered competition in the live entertainment markets. Public comments can be submitted within 60 days until July 6.