The justice department, along with 30 state and district attorneys general, filed a civil antitrust lawsuit against live nation entertainment inc. On thursday, the department of justice and 30 states announced a federal antitrust lawsuit against live nation entertainment and its subsidiary ticketmaster, saying the. On may 23, 2024 the justice department, along with 30 state and district attorneys general, filed a civil antitrust lawsuit against live nation entertainment inc.
The Justice Department is suing Ticketmaster and Live Nation. What does
Specific questions have centered around whether live nation has honored a consent decree the company made with the justice department upon its merger with.
In may this year, the us department of justice announced it was suing live nation entertainment for “monopolisation and other unlawful conduct that thwarts competition.
In 2010, when the justice department allowed the two most dominant companies in the live music business — live nation and ticketmaster — to merge, many greeted the news. The new york times on friday reported that the united states justice department has opened an antitrust investigation in to live nation entertainment, the. This fiasco sparked lawsuits from fans, a senate hearing on ticketing industry practices, and increased scrutiny of live nation entertainment's dominance in the live music. On thursday, the department of justice and 30 states announced a federal antitrust lawsuit against live nation entertainment and its subsidiary ticketmaster, saying the.
Will it be enough to fix an increasingly. A reported lawsuit that’s coming could try. The department of justice is bringing a major antitrust case against the hated ticketmaster and its parent company, live nation. According to assistant attorney general jonathan canner of justice department’s antitrust division, the live music industry in america is broken because live nation ticketmaster has an.
In early 2023, prompted by live nation entertainment’s potential abuse of power in the live music industry, the department of justice initiated an antitrust investigation into its.
Critics have said the department of justice should have broken up live nation when it looked at its 2010 merger with ticketmaster.
