Politics @sh.itjust.works pelespirit @sh.itjust.works 1 mo. ago

Justice Department says illegal monopoly by Ticketmaster and Live Nation drives up prices for fans

apnews.com Government sues Ticketmaster owner and asks court to break up company's monopoly on live events

The Justice Department has sued Ticketmaster and its parent company, accusing them of running an illegal monopoly over live events in America.

The Justice Department filed a sweeping antitrust lawsuit against Ticketmaster and parent company Live Nation Entertainment on Thursday, accusing them of running an illegal monopoly over live events in America — squelching competition and driving up prices for fans.

The lawsuit, filed in federal court in Manhattan, was being brought with 30 state and district attorneys general and seeks to break up the monopoly they say is squeezing out smaller promoters and hurting artists.

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