DOJ sues Live Nation and Ticketmaster, alleging 'monopolistic control' over live events business

Attorney General Merrick Garland is vowing that it is "time to break up Live Nation" as the Justice Department is suing the company and its subsidiary Ticketmaster for "monopolization and other unlawful conduct that thwarts competition in markets across the live entertainment industry." The Justice Department announced Thursday that it and 30 state and district attorneys general have filed a civil antitrust lawsuit in the U.S.

"We will defend against these baseless allegations, use this opportunity to shed light on the industry, and continue to push for reforms that truly protect consumers and artists." The Justice Department says exclusionary practices carried out by Live Nation and Ticketmaster protect what it refers to as its "flywheel.

España Últimas Noticias, España Titulares

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

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 »

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 »