US Department of Justice Takes Legal Action Against Live Nation for Monopoly Practices
Thursday, 23 May 2024, 14:41
US Department of Justice Targets Live Nation
The US Department of Justice has filed a lawsuit against Live Nation, the owner of Ticketmaster, accusing the company of monopolistic practices in the live events industry.
Break-Up of Live Nation
Attorney General Merrick Garland has called for the break-up of Live Nation due to its alleged anticompetitive behavior, which harms fans, artists, and venue operators.
- Concert Industry Dominance: Live Nation's control over ticketing and promotion has raised concerns of unfair competition.
- Legal Action: The lawsuit seeks to dismantle Live Nation's alleged monopoly to promote fair market practices.
It is time to break up Live Nation-Ticketmaster, said Merrick Garland, emphasizing the need to address monopolistic control in the live events industry.
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