Live Nation says Taylor Swift fans can't sue over ticket debacle
Companies argue ticket buyers agree to binding arbitration on websites
U.S. appeals court ruled for Live Nation in arbitration case this month
By Mike Scarcella
Feb 27 (Reuters) -Live Nation Entertainment Inc LYV.N and subsidiary Ticketmaster LLC asked a U.S. judge on Friday to halt a proposed consumer class action over their sales of Taylor Swift concert tickets and instead force claims to be heard privately in arbitration.
The companies are hoping to head off a lawsuit in Los Angeles, California, federal court accusing them of violating antitrust and consumer protection laws.
Demand from fans, scalpers and bots for Swift's first tour in five years caused the Ticketmaster site to crash last fall, and raised new scrutiny from U.S. lawmakers and others about what critics say is a lack of competition in the ticketing market.
The December lawsuit alleged the 2010 merger of Live Nation and Ticketmaster eliminated market competition and let the companies charge higher prices for Swift tickets than they otherwise could.
Companies generally favor arbitration over court litigation to try to quickly resolve matters and limit potential damages. Antitrust cases in U.S. court expose a company to the possibility of trebled damages.
In its Friday court filing, Beverly Hills-based Live Nation said the ticket purchaser who filed the case "repeatedly agreed" to arbitrate any claims arising from her use of Ticketmaster's online systems.
Live Nation has successfully argued in other cases that users of its online ticketing platforms agreed to arbitrate disputes. The company pointed the Los Angeles court to a 9th U.S. Circuit Court of Appeals ruling this month that upheld arbitration in an antitrust suit against the ticket company.
Attorneys for Live Nation called the 9th Circuit decision on Feb. 13 "binding authority" that "can and should end" the Los Angeles court's inquiry.
Lawyers for the plaintiff and Live Nation did not immediately respond to requests for comment on Monday.
The case is Sterioff v. Live Nation Entertainment Inc and Ticketmaster LLC, U.S. District Court, Central District of California, No. 2:22-cv-09230-GW-GJS.
For plaintiff: Lisa Omoto of Faruqi & Faruqi; and Bonner Walsh of Walsh LLC
For defendant: Timothy O'Mara of Latham & Watkins
Read more:
Live Nation hires ex-Latham antitrust chief Dan Wall
Taylor Swift concert fiasco leads to U.S. Senate grilling for Ticketmaster
Taylor Swift fan sues Ticketmaster over botched ticket sales
Reporting by Mike Scarcella
Related Assets
Latest News
Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.
All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.
Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.