We alleged that Live Nation has illegally monopolized markets across the live concert industry in the United States for far too long. Earlier today, the Department of Justice, joined by 29 states and the District of Columbia, sued Live Nation Entertainment and its wholly owned subsidiary, Ticketmaster, for violating the Sherman Antitrust Act. In recent years, Live Nation-Ticketmaster’s exorbitant fees and technological failures have been criticized by fans and artists alike. But we are not here today because Live Nation-Ticketmaster’s conduct is inconvenient or frustrating. We are here because, as we allege, that conduct is anticompetitive and illegal.

Source: New York Times May 23, 2024 23:46 UTC