DOJ sues Live Nation over alleged ‘monopoly’
LN has responded to the "absurd" antitrust lawsuit, which could seek the break up of Live Nation-Ticketmaster
News By James Hanley | 23 May 2024
The US Department of Justice (DOJ) has launched a lawsuit which could seek to break up Live Nation-Ticketmaster after alleging the company has violated antitrust laws.
The 128-page filing accuses LN and Ticketmaster, who merged in 2010, of using their “power and influence” to “insert themselves at the centre and the edges of virtually every aspect of the live music ecosystem”. Live Nation’s EVP, regulatory affairs, Dan Wall has issued a response, contesting the claims.
The suit, which had been …
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