financetom
Business
financetom
/
Business
/
US DOJ sues to break up Live Nation, Ticketmaster
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US DOJ sues to break up Live Nation, Ticketmaster
May 23, 2024 9:54 AM

(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 ( LYV ) and Ticketmaster following the botched ticket sales of Taylor Swift's 2023 "Eras" concert tour.

Here is a timeline of events.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved