Justice Department Expected To Announce Antitrust Lawsuit Against Live Nation-Ticketmaster
deadline.comThe Justice Department is expected to file a lawsuit against Live Nation–Ticketmaster today, claiming that the live events and ticketing company has illegally stifled competition.
Multiple media outlets reported on Wednesday evening that the DOJ, along with several states, will see remedies including that the company should be split up.
The lawsuit — rumored for weeks — would be the latest action taken by the Biden administration to rein in corporate power. The DOJ sued Apple in March, claming that the company had a monopoly over the smartphone market.
Live Nation and Ticketmaster have long been in the crosshairs of the DOJ. Live Nation is under a consent decree from its 2010 merger with Ticketmaster, put in place as part of a settlement agreement with the Justice Department.
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