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The Justice Department filed a lawsuit Thursday seeking to break up Live Nation, alleging that the parent company of Ticketmaster has hurt consumers and violated antitrust laws by exercising ...
United States, et al. v. Live Nation Entertainment, Inc. and Ticketmaster Entertainment, LLC is an antitrust lawsuit brought by the U.S. Department of Justice (DOJ) and twenty-nine states and Washington, D.C., against entertainment company Live Nation Entertainment and its subsidiary Ticketmaster, following the Taylor Swift–Ticketmaster controversy in 2022.
“Live Nation’s net profit margin last fiscal year was 1.4% - nowhere near other DOJ targets in the tech sector,” the company said in a statement, noting Apple and Google – both subjects of ...
A news release on Live Nation's website says the company plans to share a regulatory update via teleconference at 8 p.m. Eastern Time. How Taylor Swift ties into the debate
The Justice Department is widening its antitrust crackdown as it goes after Live Nation (), filing a lawsuit Thursday that seeks a breakup of the entertainment giant.US prosecutors and a group of ...
Live Nation Entertainment, Inc. is an American multinational entertainment company that was founded in 2010 following the merger of Live Nation and Ticketmaster. It promotes, operates and manages ticket sales for live entertainment internationally. It also owns and operates entertainment venues and manages the careers of music artists.
August 20, 2024 at 1:27 PM. Ten more states have joined the Department of Justice (DOJ) antitrust lawsuit against Ticketmaster and its parent company Live Nation, the agency announced Monday. The ...
Live Nation has said other factors are to blame for these issues. If past antitrust enforcement is any guide, it could take years for those lower prices to arrive, even if the DOJ ultimately ...