Would breaking up Live Nation and Ticketmaster actually lower concert ticket prices?
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Justice Department to announce lawsuit against Live Nation over ticket prices: Sources
The DOJ has been probing the company for more than two years. ByAlexander Mallin and Beatrice Peterson. May 22, 2024, 4:07 PM.
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'Break it up': DOJ sues Live Nation and Ticketmaster to reduce ticket prices
The Justice Department and 30 states sued Live Nation and Ticketmaster alleging a monopoly driving up prices to fans and blocking venues from artists.
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Justice Department sues Live Nation, Ticketmaster over their 'stranglehold' on concert ticket industry
The Department of Justice on Thursday announced that it had filed a lawsuit against Ticketmaster's Beverly Hills-based parent, Live Nation Entertainment, seeking to break up the company over allegations that it created an illegal monopoly over the live entertainment industry. The government, joined by 29 states and the District of Columbia, accuses Live Nation of using its power to dominate the industry by forcing venues into exclusive ticketing contracts and influencing artists to use only its...