US sues Ticketmaster owner Live Nation and seeks break-up of alleged monopoly

US sues Ticketmaster owner Live Nation and seeks break-up of alleged monopoly

Promotion and ticketing company has faced scrutiny for years, particularly after it botched ticket sales to Taylor Swift’s Eras tour

The US Department of Justice has sued the owner of Ticketmaster, Live Nation, seeking a break-up of the concert promotion and ticketing giant.

“It is time to break up Live Nation-Ticketmaster,” said Merrick Garland, the US attorney general. “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.”

Continue reading… Promotion and ticketing company has faced scrutiny for years, particularly after it botched ticket sales to Taylor Swift’s Eras tourThe US Department of Justice has sued the owner of Ticketmaster, Live Nation, seeking a break-up of the concert promotion and ticketing giant.“It is time to break up Live Nation-Ticketmaster,” said Merrick Garland, the US attorney general. “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.” Continue reading…  


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