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

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Ticketmaster News

Live Nation,Doj Lawsuit,Concertgoers

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.

Brian Fung and Hannah Rabinowitz

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.

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DOJ sues Live Nation and Ticketmaster, alleging 'monopolistic control' over live events businessThe Justice Department has filed a civil antitrust lawsuit against Live Nation-Ticketmaster, alleging 'monopolization and other unlawful conduct.'
Source: FoxBusiness - 🏆 458. / 53 Read more »