Live Nation, Ticketmaster’s parent company, sued in groundbreaking monopoly lawsuit

  • 📰 cnnbrk
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 55%

Colombia Noticias Noticias

Colombia Últimas Noticias,Colombia Titulares

The US government sued Live Nation in a groundbreaking antitrust lawsuit on Thursday, alleging that for years the parent company of Ticketmaster abused its industry dominance to harm concertgoers nationwide.

The US government and dozens of states sued Live Nation in a groundbreaking antitrust lawsuit on Thursday, alleging that for years the parent company of Ticketmaster abused its industry dominance to harm concertgoers nationwide. The long-expected lawsuit, filed in New York by the Justice Department and 30 state and district attorneys general, challenges the country’s biggest ticketing website and concert promoter, which regulators allege was the mastermind of a plan to stifle competition.

” The company also has bad blood with several other artists who have taken aim at Live Nation’s practices, including The Cure front man Robert Smith, who said he was “sickened” by Ticketmaster’s fees, and country singer Zach Bryan, who in 2022 released a collection of live performances entitled “All My Homies Hate Ticketmaster .” An unpopular merger Now, the US government is opposing Live Nation’s economic power for the first time since the company merged with Ticketmaster in 2010.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 393. in CO
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

DOJ announces antitrust lawsuit against Ticketmaster parent company Live Nation over alleged monopolyThe Department of Justice filed an antitrust lawsuit against Live Nation Entertainment, accusing the world's largest concert promoter and ticketing company of…
Fuente: NBCLA - 🏆 319. / 59 Leer más »

DOJ files antitrust lawsuit against Ticketmaster parent company Live Nation over alleged monopolyThe Department of Justice filed an antitrust lawsuit against Live Nation Entertainment, accusing the world's largest concert promoter and ticketing company of…
Fuente: nbcchicago - 🏆 545. / 51 Leer más »