Justice Department sues Ticketmaster and Live Nation over live event monopoly
In a move that will primarily affect music but could have ramifications in the sports world, the Department of Justice announced Thursday that it would move forward with a lawsuit against Ticketmaster and its parent company, Live Nation Entertainment. The lawsuit alleges serious antitrust violations that the government alleges are a consortium trying to dominate […]
Justice Department sues Live Nation, Ticketmaster for allegedly monopolizing live entertainment industry
The Justice Department on Thursday sued Ticketmaster and its parent company, Live Nation, accusing the ticket sellers of stifling competition in the live entertainment industry. The Justice Department, which filed the antitrust lawsuit with 30 state and local attorneys general, said Ticketmaster and Live Nation’s anticompetitive practices deprived American music fans of innovation in ticket […]
Ticketmaster to face federal antitrust lawsuit: reports
The Justice Department is preparing to file a federal antitrust lawsuit against Ticketmaster’s parent company, Live Nation, according to multiple reports. wall street journal The newspaper first reported on Monday that the Justice Department plans to file an antitrust lawsuit against Live Nation in the coming weeks, citing people familiar with the matter. Live Nation […]
TicketMaster parent Live Nation facing DOJ antitrust lawsuit as soon as May: report
The Department of Justice is preparing to file an antitrust lawsuit against Live Nation next month. The Wall Street Journal reported This was disclosed on Monday, citing a person familiar with the matter. Ticketmaster, a subsidiary of Live Nation, has been accused of heavy-handed tactics and high prices for decades, but in 2022 it was […]