Justice Department sues Ticketmaster and owner Live Nation, alleging illegal monopoly

[Bearcat]

Thanks, Taylor!

BREAKING: Justice Department sues Ticketmaster and owner Live Nation, alleging an illegal monopoly over live events in the U.S. https://t.co/yMlRYo0WqR

— The Associated Press (@AP) May 23, 2024

“We allege that Live Nation relies on unlawful, anticompetitive conduct to exercise its monopolistic control over the live events industry in the United States at the cost of fans, artists, smaller promoters, and venue operators,” Attorney General Merrick Garland said in a statement. “The result is that fans pay more in fees, artists have fewer opportunities to play concerts, smaller promoters get squeezed out, and venues have fewer real choices for ticketing services. It is time to break up Live Nation-Ticketmaster.”