U.S. Calls for Breakup of Ticketmaster Owner
Source: New York Times
The Justice Department on Thursday said it was suing Live Nation Entertainment, the concert giant that owns Ticketmaster, asking a court to break up the company over claims it illegally maintained a monopoly in the live entertainment industry.In the lawsuit, which is joined by 29 states and the District of Columbia, the government accuses Live Nation of dominating the industry by locking venues into exclusive…
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