DOJ and 30 States Sue to Break Up Ticketmaster Monopoly
TL;DR Summary
The Department of Justice and 30 state attorneys general have filed a federal antitrust lawsuit against Live Nation Entertainment and its subsidiary Ticketmaster, alleging they have created a monopoly on live event ticket prices in the U.S. The suit claims Live Nation's dominance in the market has led to inflated ticket prices and restricted competition. If successful, the lawsuit could significantly alter the live event industry and ticket pricing. Live Nation disputes the allegations, attributing high prices to other factors.
- Department of Justice and 30 states file anti-monopoly lawsuit against Ticketmaster and Live Nation Entertainment NPR
- Live Nation 'suffocates its competition,' US says in monopoly lawsuit Yahoo! Voices
- What the major Ticketmaster lawsuit means for you CNN
- Live Nation and Ticketmaster sued by Department of Justice NPR
- U.S. Sues to Break Up Ticketmaster Owner, Live Nation The New York Times
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