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%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

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.

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:

 /  🏆 112. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines