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DOJ Announces Antitrust Lawsuit Against Live Nation

HeadlineMay 24, 2024
Image Credit: Livenation.com

The Justice Department, 29 states and the District of Columbia sued Ticketmaster and its owner, Live Nation, for exercising a monopoly over the live entertainment industry, hiking up ticket prices and crushing competition. The lawsuit is calling for Live Nation, which controls around 80% of major concert venues, to be broken up.

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