DOJ Sues to Break Up Ticketmaster and Live Nation Over Monopoly Concerns

1 min read
Source: Los Angeles Times
DOJ Sues to Break Up Ticketmaster and Live Nation Over Monopoly Concerns
Photo: Los Angeles Times
TL;DR Summary

The U.S. Department of Justice is suing to break up Live Nation and Ticketmaster, alleging their merger has created a monopoly that harms consumers with high ticket prices and fees. While Live Nation disputes these claims, the legal battle is expected to be lengthy. Experts are divided on whether breaking up the company would actually lower ticket prices, with some suggesting it could lead to higher costs for consumers and fewer opportunities for smaller artists and promoters.

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