Live Nation to Be Sued By Justice Department
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Live Nation to Be Sued By Justice Department
According to a Wall Street Journal report from anonymous sources familiar with the matter, the U.S. Department of Justice plans to sue Live Nation, the country's largest concert promoter and ticketing website, for violating antitrust laws. The lawsuit, which is allegedly coming in the next few weeks, alleges that Ticketmaster abused its market leading position in order to harm competition for live events.
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According to a Wall Street Journal report from anonymous sources familiar with the matter, the U.S. Department of Justice plans to sue Live Nation, the country's largest concert promoter and ticketing website, for violating antitrust laws. The lawsuit, which is allegedly coming in the next few weeks, alleges that Ticketmaster abused its market leading position in order to harm competition for live events.
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