US DOJ sues to break up Live Nation, Ticketmaster
FILE PHOTO: Concertgoers dance at the Do LaB stage at the Coachella Valley Music and Arts Festival in Indio, California, U.S., April 15, 2018. REUTERS/Mario Anzuoni/File Photo
(Reuters) - The U.S. Justice Department, along with a group of 30 states and the District of Columbia, filed a lawsuit to break up Live Nation on Thursday, arguing the concert promoter and its Ticketmaster unit illegally inflated concert ticket prices and hurt artists.
Politicians, concert fans and experts have called on U.S. authorities to reconsider investigating the 2010 merger of Live Nation Entertainment and Ticketmaster following the botched ticket sales of Taylor Swift's 2023 "Eras" concert tour.
Here is a timeline of events.
(Reporting by Akash Sriram in Bengaluru; Editing by Pooja Desai)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- SpaceX bond sale draws $89 billion in investor demand
- Libya's eastern government bans entry of nationals from four African countries
- Soccer-In Los Angeles, Mexico fans make every World Cup game their own
Create E-mail Alert Related Categories
Litigation, ReutersRelated Entities
Definitive AgreementSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share