DOJ to announce antitrust lawsuit against Live Nation as soon as Thursday The Ticketmaster parent company also owns concert venues and promotes shows. Updated May 22, 2024 More than 1 year ago ...

The DOJ has been probing the company for more than two years. The Justice Department and a group of state attorneys general are expected to announce an antitrust lawsuit against Live Nation as ...

On Thursday, the Department of Justice announced it was suing Live Nation Entertainment on antitrust grounds. The suit arrives after long-standing allegations of monopolistic practices and ...

Per Politico, Live Nation executives and lawyers met earlier this month with DOJ antitrust officials to try and dissuade their efforts to break up the company. By Griffin Eckstein ...

Live Nation called the suit a possible "PR win for the DOJ in the short term," but said the entertainment company would prevail in court. AP “It is time to break up Live Nation,” said US ...

Live Nation’s stock dropped more than 7% in after-hours trading on Wednesday following reports of the looming suit, according to Forbes.

The fees Ticketmaster charges for concerts can be staggering. For example, a 2022 Red Hot Chili Peppers show at Bank of America Stadium in Charlotte, N.C. had per-ticket fees of $25.75, plus $3.49 ...

The U.S. Department of Justice, along with attorneys general from 29 states, including Colorado, and Washington, D.C., sued Live Nation Entertainment on May 23 over the company’s alleged illegal ...

DOJ Files Antitrust Suit Against Live Nation/Ticketmaster. A ticketing debacle in 2022 before Taylor Swift’s Eras Tour sparked federal investigations. Many, or all, ...

A DOJ suit has been one of the most anticipated potential legal actions in the live music industry since news of the regulators’ investigation first surfaced in 2022. Live Nation and ...

The article DOJ Files Antitrust Suit Against Live Nation/Ticketmaster originally appeared on NerdWallet. May 23, 2024. Anna Helhoski. Top Workplaces Recognizing the Capital Region’s 2025 Top ...