Millions of disgruntled concertgoers likely to sue Ticketmaster

Edvard Pettersson

LOS ANGELES (CN) — Millions of people who bought concert tickets through Ticketmaster are inching closer to proceeding as a class on claims that Live Nation Entertainment and its Ticketmaster subsidiary used their monopoly power to inflate ticket prices.

U.S. District Judge George Wu took the consumer’s motion for class certification under submission at a hearing Thursday in Los Angeles federal court.

Although the judge’s tentative decision wasn’t made publicly available, the tenor of the arguments before him indicated that he was likely to grant the motion.

To be able to proceed as a class will give the plaintiffs more leverage to try to negotiate a significant settlement because Live Nation could potentially face billions of dollars in damages if the case goes befor