Live Nation, Ticketmaster and DOJ
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Ticketmaster and Live Nation face a U.S. antitrust trial over claims they hurt artists, venues and fans with high ticket prices.
The Justice Department says the agreement could weaken Ticketmaster’s grip on ticket sales. But several states argue it does little to dismantle Live Nation’s alleged monopoly.
NEW YORK (AP) — A U.S. Justice Department lawyer told jurors at a civil antitrust trial Tuesday that the concert industry is broken because Ticketmaster and its parent Live Nation Entertainment have monopolized the market, driving up prices for consumers, but the companies say the government’s wrong.
Live Nation’s settlement with the Justice Department is a big step toward accountability—and cheaper ticket prices.
The DOJ has accused the live-entertainment giant of wielding outsized control over the industry, but the company’s lawyers claim it “did not have monopoly power” during opening statements
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Ye’s LA concert announcement sparks ticket frenzy as 1 million fans wait in queue
A massive rush for concert tickets hit Ticketmaster this week after Ye announced a rare Los Angeles performance. Demand surged almost instantly when artist presale tickets opened Tuesday, with more