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Concert Ticket Prices

All articles tagged with #concert ticket prices

companies1 year ago

DOJ Sues to Break Up Live Nation-Ticketmaster Monopoly

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.