DOJ sues to split up Ticketmaster and Live Nation, alleges "monopolistic control"
The Justice Department has sued Ticketmaster and its parent company, accusing them of running an illegal monopoly over live events in America.
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The Justice Department has sued Ticketmaster and its parent company, accusing them of running an illegal monopoly over live events in America.
The Justice Department accuses Ticketmaster and parent company Live Nation Entertainment of running an illegal monopoly over live events in America that squelches competition and drives up prices for fans.
Breaking News, Sports, Manitoba, Canada
Massachusetts, home to four Live Nation venues, is part of the federal antitrust lawsuit against Live Nation. "It is time to break up Live Nation-Ticketmaster."
The U.S. Department of Justice is suing to break up Live Nation, the parent company of Ticketmaster, over alleged antitrust violations. The lawsuit, joined by 30 states and filed on Thursday, follows a DOJ investigation into whether Live Nation maintains a monopoly in the ticketing industry. This probe was launched in 2022 and was bolstered…