DOJ sues to split up Ticketmaster and Live Nation, alleges ...

May 24, 2024 · The U.S. Justice Department was expected to file a sweeping antitrust lawsuit against Ticketmaster and its parent company, Live Nation Entertainment, on Thursday, May …

CouponFollow Extension

4%
OFF

DOJ Sues Live Nation-Ticketmaster For Violating Antitrust Law

1 week from now

May 23, 2024 · Ticketmaster’s parent company, Live Nation, pointed to its 1.4% annual net profit as a reason it does not consider itself a monopoly in a statement to the Washington Examiner. …

washingtonexaminer.com

FAQs about DOJ sues to split up Ticketmaster and Live Nation, alleges ... Coupon?

Will Ticketmaster file an antitrust lawsuit against Live Nation?

The Department of Justice is preparing to file an antitrust lawsuit against Ticketmaster parent company Live Nation, according to a report from The Wall Street Journal. The lawsuit could reportedly come as early as next month and will target the company’s alleged monopoly in the live ticketing industry. ...

Who is suing Ticketmaster & Live Nation?

Attorneys general from New York and California are among the many who are pressing the suit. The U.S. Department of Justice and 29 states filed a federal lawsuit against Live Nation and its wholly owned subsidiary Ticketmaster on Thursday seeking the divestiture of the world’s largest ticket marketplace. ...

Will the US Justice Department Sue Ticketmaster for antitrust violations?

WATCH: The US Justice Department will sue Live Nation Entertainment Inc. for antitrust violations related to Ticketmaster’s unrivaled control of concert ticket sales. Alex Webb reports. Source: Bloomberg ...

What happened to Ticketmaster & Live Nation Entertainment?

The U.S. Justice Department was expected to file a sweeping antitrust lawsuit against Ticketmaster and its parent company, Live Nation Entertainment, on Thursday, May 23, 2024. The ticket seller sparked outrage in November 2022 when its site crashed during a presale event for a Taylor Swift stadium tour. (AP Photo/Lewis Joly, File) ...

Will the Justice Department Sue Live Nation for breaking antitrust laws?

The US Department of Justice is preparing to sue the country’s largest concert promoter and ticketing website Live Nation in the coming weeks for breaking America’s antitrust laws, the Wall Street Journal reported, citing anonymous sources familiar with the Justice Department’s plans. ...

Why did the Justice Department Sue Ticketmaster?

The Justice Department sued the concert giant, which owns Ticketmaster, calling for the company to be broken up due to claims that it maintained a monopoly in the live entertainment industry. Jutharat Pinyodoonyachet for The New York Times David McCabe reports on tech policy from Washington. Ben Sisario reports on the music industry from New York. ...