Sens. Blumenthal and Klobuchar Call on Justice Dept. to Investigate Ticketing Industry: Exclusive

  • 📰 billboard
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Two Democratic U.S. senators are asking the Department of Justice to open an investigation into ticketing

with the DOJ's antitrust division to look at overall competition in the ticketing business, the letter is squarely aimed at one company: Live Nation. The concert promoter merged with Ticketmaster in 2010 and has operated under a DOJ consent decree, set to expire in July, that bars Live Nation from withholding concerts and tours from buildings that don’t use Ticketmaster, or retailiating when venues go with a competitor.

Live Nation’s compliance with the 2010 decree has been under investigation for several years, amid complaints from competitors about the company’s dominance in live music, sources tell. DOJ officials have never charged Live Nation with violating the consent decree and aren't expected to before the decree expires next year.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

sisario Typo (forbid should be forbids): In approving the merger, the Justice Department signed a 10-year consent decree with Live Nation that forbid the company from behaviors like using its power over concerts to force venues to use Ticketmaster.

Hey!! Everyone

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 112. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인