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Justice Department sues to break up Live Nation, Ticketmaster ‘monopoly’
May 23 (UPI) — The U.S. Department of Justice on Thursday filed an antitrust lawsuit to break up Live Nation Entertainment. The suit filed in the Southern District of New York alleges that Live Nation and its subsidiary, Ticketmaster, hold a monopolist, illegal and anti-competitive dominance in the market for live event ticket sales and […] The post Justice Department sues to break up Live Nation, Ticketmaster ‘monopoly’ first appeared on Gephardt Daily.
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Live Nation hit with antitrust lawsuit by US Department of Justice
"We will defend against these baseless allegations, use this opportunity to shed light on the industry, and continue to push for reforms that truly protect consumers and artists," said Live Nation Source
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Justice Department sues to break up Live Nation, parent of Ticketmaster
The lawsuit follows a DOJ probe bolstered by fan complaints following a botched roll out for tickets to Taylor Swift's Eras tour.