Will The Justice Department's Monopolization Lawsuit Kill Live Nation?
The federal monopolization lawsuit against Live Nation and Ticketmaster faces major legal hurdles.
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The federal monopolization lawsuit against Live Nation and Ticketmaster faces major legal hurdles.
Ticketmaster's parent company Live Nation has been accused of violating antitrust laws in a lawsuit from the Department of Justice.
The lawsuit was being brought with 30 state and district attorneys general and seeks to break up the monopoly they say is squeezing out smaller promoters and hurting artists.
The Justice Department on Thursday sued Live Nation Entertainment, the concert giant that owns Ticketmaster, asking a court to break up the company over claims it illegally maintained a monopoly in the live entertainment industry.