US Supreme Court rejects Live Nation’s bid to move ticket price case to arbitration
By Mike Scarcella
Washington (Reuters) -ABD Supreme Court refused to carry a proposed consumer class action case on Monday to carry a consumer class action case by Live Nation and his subsidiary Ticketmaster on the fraudulent ticket prices for special fortifications.
Justice, Live Nation’s decision to allow the proceedings of the cases in the federal court, as the arbitration rules in question are clearly beneficial and unfair to consumers.
California -based Live Nation, Beverly Hills, was accused by ticket buyers in the 2022 case filed with monopolized ticket services in Los Angeles and allowed the company to receive artificially high prices by violating the Antitröst Law. Plaintiffs are looking for monetary damages that are not specified.
The Live Nation tried to push consumers to arbitration at New Era ADR, which was initiated in 2021 and offered a new “mass” procedure. In accordance with this procedure, an impartial arbitrator who presides the issue may bring the cases together and make a decision that will be valid for themselves and other subsequent disputes.
Companies often encourage arbitration as a more efficient way for individual consumers to publish their disputes outside the court. Arbitration provisions may limit or prevent consumers to form class actions that can apply more pressure to fulfill the demands of a company in the court. Class actions, on the other hand, may expose companies to tens of millions of dollars, although not billions of dollars.
The mass arbitration is relatively new, and for the plaintiffs, lawyers have increasingly resorted to overwhelming providers.
In 2023, a Federal Judge rejected Live Nation’s claims from the court and special arbitration.
The 9th US Circuit Court of San Francisco approved this decision last year. 9. The circuit, the new era’s mass arbitration rules, “very intense, curved and sincere contradictory is limited,” he said. The new ERA is not a defendant in the case.
In his petition, the live nation said that the 9th circuit decision in general threatens arbitration and goodwill efforts to combat the destructive effects of mass arbitration files, “he said.
In a Supreme Court file, the new ERA said that the rules “mass arbitration focus on the basis of being based on applicable, accessible, fast and relevant parties”.
Consumers in the Supreme Court files rejected that sub -courts show any hostility to federal arbitration.
Live Nation faces other antitröst cases for ticketing practices, including a US Department of Justice and a group of states in the federal court in Manhattan.
(Reporting by Andrew Chung; Editing by Will Dunham)
