DOJ sues Live Nation to break up the entertainment behemoth

Photo credit: Mark Angelo Sampan via Pexels. Article by Matty Merritt. Morning Brew – May 24, 2024.

The suit alleges that Live Nation threatened to retaliate against venues that didn’t use its ticketing service.

The US government did not mince words yesterday: Live Nation and Ticketmaster need to split. The Department of Justice (DOJ) and 30 state and district attorneys general sued Live Nation, which refers to itself as the “largest live entertainment company in the world,” lodging a 120-page complaint that it purposefully stifles competition, hurts consumers, and unfairly jacks up ticket prices. […]

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