DOJ to Sue Live Nation, Seek Breakup Over Monopoly Concerns

The Department of Justice is expected to file an antitrust lawsuit calling for the breakup of Live Nation and Ticketmaster, citing their monopolistic control over the concert and ticketing industry. This move follows years of scrutiny and complaints from fans, lawmakers, and competitors, particularly after the problematic ticket sales for Taylor Swift's Eras Tour. Lawmakers like Amy Klobuchar and Richard Blumenthal have supported increased regulation, arguing that the merger has stifled competition. Live Nation denies the allegations, claiming the industry remains competitive and blaming high ticket prices on artists and venues.