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Twenty-nine state attorneys general and the attorney general for the District of Columbia (blue) joined the DOJ in filing the lawsuit on May 23, 2024. On May 23, 2024, the Department of Justice formally announced its antitrust lawsuit against Live Nation Entertainment, accusing the company of illegally monopolizing the live event market. [2]
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 ...
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 ...
The Justice Department is filing a lawsuit against Ticketmaster's Beverly Hills-based parent, Live Nation Entertainment, seeking to break up the company. (Mark J. Terrill / Associated Press)
The suit, filed in the Southern District of New York and backed by attorneys general for 29 states plus Washington, D.C., alleges that Live Nation has engaged in practices that harm the entire ...
On May 23, 2024, the DOJ and a coalition of 29 states formally launched an antitrust suit against Live Nation and Ticketmaster. [3] The lawsuit contends that Live Nation, which owns Ticketmaster, abused its unrivaled power in the concert and ticketing industry to eliminate competition, lessening consumer choice and resulting in rising prices. [60]
August 19, 2024 at 4:22 PM. By Jody Godoy. NEW YORK (Reuters) -Attorneys general from about two dozen U.S. states are seeking treble damages against Live Nation Entertainment and its ticket ...
“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 ...