The U.S. government filed a sweeping antitrust lawsuit against Live Nation Entertainment, the parent company of Ticketmaster, seeking to “break up” the company, accusing it of unlawfully dominating the market.
Alexander Mallin, writing for ABC News »
The lawsuit, filed by the DOJ and 30 state and district attorneys general in federal court in the Southern District of New York, accuses the company of creating a monopoly over the live entertainment market that has harmed music fans, artists and promoters around the United States through higher prices and frustrating consumer experiences.
“The result is that fans pay more in fees, artists have fewer opportunities to play concerts, smaller promoters get squeezed out, and venues have fewer real choices for ticketing services,” Attorney General Merrick Garland said in a statement announcing the lawsuit. “It is time to break up Live Nation.”
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