Thirty-nine state AGs now support Live Nation-Ticketmaster lawsuit

Mobile

The United States Department of Justice filed a major lawsuit against Live Nation-Ticketmaster in May, arguing that the entertainment giant is acting as a monopoly. An additional 10 state attorneys general joined the suit this week, bringing the total to 39 states and the District of Columbia. The plaintiffs also filed an amended complaint, making further allegations of anticompetitive practices from the company.

Live Nation-Ticketmaster controls the majority of ticket sales and venue bookings in the U,S,, which the government believes has stifled competition in the space. The company drew increased ire from consumers after botching ticket sales for Taylor Swift‘s Eras tour.

Products You May Like

Articles You May Like

FTX CTO Gary Wang avoids prison time
Lighthouse, an analytics provider for the hospitality sector, lights up with $370M at a $1B valuation
Oura valued at $5B following deal with medical device firm Dexcom
Trump’s pro-fracking energy secretary pick has also invested in geothermal and nuclear startups
Crusoe, a rumored OpenAI data center supplier, has secured $686M in new funds, filing shows

Leave a Reply

Your email address will not be published. Required fields are marked *