antitrust law

More states join antitrust lawsuit against Ticketmaster parent Live Nation, seek triple the damages

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More states join antitrust lawsuit against Ticketmaster parent Live Nation, seek triple the damages

Attorneys general from about two dozen states are seeking treble damages against Live Nation Entertainment and its ticket-selling unit, Ticketmaster, for allegedly monopolizing markets across the live concert industry in an updated version of a lawsuit originally filed in May. The Justice Department and several states sued three months ago to break up Live Nation, arguing the … Read more

DOJ sues Live Nation over high prices, seeks to break up Ticketmaster merger

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DOJ sues Live Nation over high prices, seeks to break up Ticketmaster merger

The Justice Department and a group of 30 states and the District of Columbia Thursday sued to break up Live Nation, arguing the big concert promoter and its Ticketmaster unit illegally inflated concert ticket prices and hurt artists. “It is time to break up Live Nation,” said US Attorney General Merrick Garland. Concert fans and politicians for years have been calling … Read more

DOJ reportedly may sue Ticketmaster parent Live Nation in wake of Taylor Swift ticket fiasco

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DOJ reportedly may sue Ticketmaster parent Live Nation in wake of Taylor Swift ticket fiasco

The Justice Department could file an antitrust lawsuit against concert promoter Live Nation Entertainment and its unit Ticketmaster by the end of the year, Politico reported on Friday, citing three people with knowledge of the matter. Shares of Live Nation dropped 5% in extended trading on Friday. Earlier this year, senators slammed Live Nation’s lack of transparency and inability to block bot purchases of … Read more