Live Nation has issued a statement in response to the U.S. Department Of Justice’s antitrust lawsuit against them. The DOJ, who were joined by 30 states, filed the complaint after claiming that the company’s 2010 merger with Ticketmaster created a monopoly that dominates the live event industry. Attorney general Merrick Garland commented: “We allege that…
According to Billboard, the Department of Justice may be preparing to file an antitrust lawsuit against Live Nation. The complaint is expected to call out the company for having a monopoly on event ticketing through Ticketmaster. The issue stems from Live Nation allegedly using its power to grow bigger while snuffing out its competition. The…
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