Brian Fung and Hannah RabinowitzThe DOJ is expected to file an antitrust lawsuit against Live Nation for alleged violations in part due to the market dominance of Ticketmaster.
If successful, the case could lead to sweeping changes in the market for live events - an industry that came under intense scrutiny in 2022 after glitches at Ticketmaster blocked millions from purchasing tickets for Taylor Swift's "Eras" tour.
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:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Live Nation, Ticketmaster's parent company, sued in groundbreaking monopoly lawsuitThe 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.
Source: ABC7 - 🏆 67. / 68 Read more »
Justice Department sues Live Nation and Ticketmaster for monopolizing concert industryThe Justice Department filed a federal lawsuit accusing Ticketmaster and its parent company Live Nation of illegally monopolizing the live entertainment industry.
Source: KPIXtv - 🏆 443. / 53 Read more »