By Mike Scarcella
WASHINGTON (Reuters) -The U.S. Supreme Court declined on Monday to hear a bid by Live Nation and its subsidiary Ticketmaster to move a proposed consumer class action lawsuit over rigged ticket prices out of federal court and into private arbitration.
The justices turned away Live Nation’s appeal of a lower court’s decision to allow the litigation to move forward in federal court because the arbitration rules at issue were overtly beneficial to companies and unfair to consumers.
Beverly Hills, California-based Live Nation was accused by ticket purchasers in the 2022 lawsuit filed in Los Angeles of monopolizing ticketing services, allowing the company to charge artificially high prices in violation of antitrust law. The plaintiffs are seeking unspecified monetary damages