DOJ Sues to Break Up Live Nation-Ticketmaster Monopoly

TL;DR Summary
The U.S. Justice Department and over two dozen states have filed a lawsuit to break up Live Nation and its Ticketmaster unit, accusing them of monopolistic practices that inflate concert ticket prices and harm artists and smaller promoters. The lawsuit seeks to divest Ticketmaster and address anticompetitive harm, reflecting the Biden administration's aggressive antitrust stance. Live Nation disputes the claims, arguing the lawsuit won't resolve ticketing issues.
Topics:top-news#antitrust-lawsuit#companies#concert-ticket-prices#live-nation#ticketmaster#us-justice-department
- Live Nation 'suffocates its competition,' US says in monopoly lawsuit Reuters
- DOJ sues to split up Ticketmaster and Live Nation, alleges "monopolistic control" The Associated Press
- What the Ticketmaster-Live Nation lawsuit could mean for fans of live music NBC News
- Live Nation and Ticketmaster sued by Department of Justice NPR
- Justice Department seeks breakup of Live Nation-Ticketmaster through major antitrust suit ABC News
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