The Justice Department is preparing to file a federal antitrust lawsuit against Live Nation, the parent company of Ticketmaster, according to multiple reports. The Wall Street Journal first reported Monday that the Justice Department will be filing an antitrust lawsuit against Live Nation in the coming weeks, citing people familiar with the matter. Live Nation
The Justice Department may file an antitrust complaint as soon as next month aimed at forcing Live Nation Entertainment Inc. to spin off its Ticketmaster ticketing business, according to three people familiar with the matter.
Live Nation and Ticketmaster have faced widespread public scrutiny for dominance in the ticketing industry, which critics say has allowed them to raise prices on live entertainment.
Live Nation and Ticketmaster have faced widespread public scrutiny for dominance in the ticketing industry, which critics say has allowed them to raise prices on live entertainment.
The Department of Justice's antitrust division is reportedly getting ready
The Department of Justice (DOJ) is planning to sue Live Nation, one of the
The Department of Justice is preparing to file an antitrust lawsuit against Ticketmaster parent company Live Nation, according to a report from The Wall Street Journal. The lawsuit could reportedly come as early as next month and will target the company’s alleged monopoly in the live ticketing industry. Live Nation drew antitrust scrutiny when it merged with Ticketmaster in 2010. But those concerns boiled over in November 2022 when a Ticketmaster crash blocked thousands of Taylor Swift fans...
The Department of Justice is planning to file a major anti-trust lawsuit against Ticketmaster’s parent company, Live Nation, as soon as next month, according to a report. The litigation will accuse the country’s largest concert promoter of leveraging dominance in a way that undermines competition, The Wall Street Journal first reported on Monday, citing sources familiar with the matter. The outlet did not report on the specific allegations to be brought in the suit. The DOJ opened its probe...
The Justice Department is preparing to file an antitrust lawsuit against
Ticketmaster currently controls more than 80% of the market share for major concerts–and customers pay dearly, in more ways than one.
After years of complaints, it looks like the Justice Department is finally taking legal action against Ticketmaster's parent company.
The Justice Department is expected to file an anti-trust lawsuit against