Live Nation ‘hopeful’ on Trump antitrust impact

During its Q3 earnings call, the company addressed how the new US administration might affect the DOJ's monopoly lawsuit

L-R: Michael Rapino & Joe Berchtold

Live Nation has said it is “hopeful” the imminent administration change in the US will have a positive impact on its antitrust battle with the Department of Justice (DOJ).

The DOJ has accused the promoter 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” in the suit, filed in New York in May.

The defendants vigorously contest the claims, with…

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