Justice Department Says Illegal Monopoly By Ticketmaster And Live Nation Drives Up Prices For Fans

(WASHINGTON) — The Justice Department filed a sweeping antitrust lawsuit against Ticketmaster and parent company Live Nation Entertainment on Thursday, accusing them of running an illegal monopoly over live events in America — squelching competition and driving up prices for fans. The lawsuit, filed in federal court in Manhattan, was being brought with 30 state and district attorneys general and seeks to break up the monopoly they say is squeezing out smaller promoters and hurting artists. [time-brightcove not-tgx=”true”] “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.

BING NEWS:
  • Justice Department says illegal monopoly by Ticketmaster and Live Nation drives up prices for fans
    WASHINGTON (AP) — The Justice Department sued Ticketmaster ... illegal monopoly over live events in America and asking a court to break up the system that squelches competition and drives up ...
    05/23/2024 - 4:04 pm | View Link
  • Government sues Ticketmaster owner and asks court to break up company’s monopoly on live events
    WASHINGTON (AP) — The Justice Department sued Ticketmaster ... illegal monopoly over live events in America and asking a court to break up the system that squelches competition and drives up ...
    05/23/2024 - 10:37 am | View Link
  • Justice Department says illegal monopoly by Ticketmaster and Live Nation drives up prices for fans
    The Justice Department ... lawsuit against Ticketmaster and parent company Live Nation Entertainment on Thursday, accusing them of running an illegal monopoly over live events in America — squelching ...
    05/23/2024 - 4:46 am | View Link
  • Justice Department says illegal monopoly by Ticketmaster and Live Nation drives up prices for fans
    Ticketmaster tickets and gift cards are shown at a box office in San Jose, Calif., on May 11, 2009. The Justice Department was expected to file a sweeping antitrust lawsuit against Ticketmaster ...
    05/23/2024 - 12:01 am | View Link
  • Justice Department says illegal monopoly by Ticketmaster and Live Nation drives up prices for fans
    Live Nation added that “calling Ticketmaster a monopoly ... of engaging in illegal monopolies that box out competitors and drive up prices. In March, the Justice Department filed a lawsuit ...
    05/22/2024 - 11:32 pm | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News