With Live Nation lawsuit, government says it's fed up with alleged corporate scofflaws

  • 📰 latimes
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 82%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

The government's antitrust case against Live Nation follows two allegedly unsuccessful attempts to rein in the company's anticompetitive behavior.

Is there a better example of arrogant corporate behavior than flouting a government decree — not once but multiple times? That's the question raised by the antitrust lawsuit against the giant concert and ticketing conglomerate Live Nation alleging a raft of monopolistic practices.

Garth Brooks, Neil Young, R.E.M., the Grateful Dead and Aerosmith were among the acts that supported Pearl Jam in its fight. Most recently, technological glitches connected with Ticketmaster's handling of tickets for Taylor Swift's Eras tour infuriated fans and provoked another congressional hearing; Ticketmaster blamed the fiasco on scalpers and astronomical demand for the tour. That brings us back to the latest lawsuit.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 11. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

What the Ticketmaster-Live Nation lawsuit could mean for fans of live musicRob Wile is a breaking business news reporter for NBC News Digital.
Source: NBCNewsHealth - 🏆 707. / 51 Read more »

Watch Live: Justice Department announces Ticketmaster and Live Nation antitrust suitThe Justice Department filed a federal lawsuit accusing Ticketmaster and its parent company Live Nation of illegally monopolizing the live entertainment industry.
Source: CBSNewYork - 🏆 268. / 63 Read more »

DOJ sues Live Nation and Ticketmaster, alleging 'monopolistic control' over live events businessThe Justice Department has filed a civil antitrust lawsuit against Live Nation-Ticketmaster, alleging 'monopolization and other unlawful conduct.'
Source: FoxBusiness - 🏆 458. / 53 Read more »