Justice Department sues to break up Live Nation, parent of Ticketmaster
Publishing timestamp: 2024-05-23 12:46:19
Summary
The U.S. Department of Justice is suing to break up Live Nation, parent company of Ticketmaster, over alleged antitrust violations. The lawsuit follows a probe launched in 2022 and bolstered by fan complaints after a botched rollout for tickets to Taylor Swift's Eras Tour. Live Nation denies the allegations and argues that the lawsuit won't reduce ticket prices or service fees.
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Keywords: live nation entertainment inc, products and services, politics, business, united states, movies, breaking news: politics, life, media, entertainment, breaking news: business, business news,
Source: https://www.cnbc.com/2024/05/23/justice-department-sues-live-nation-ticketmaster.html