1. U.S. Files Suit To Dismantle Concert Giant.
- Author
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McCABE, DAVID, SISARIO, BEN, and Jacobs, Julia
- Subjects
- *
ACTIONS & defenses (Law) , *EXCLUSIVE contracts , *TICKET sales , *DISTRICT courts - Abstract
The article reports on the lawsuit filed by the U.S. Justice Department against Live Nation Entertainment asking the U.S. District Court for the Southern District of New York to order a divestiture of Ticketmaster, owned by Live Nation, over claims of monopoly and to prevent it from engaging in anticompetitive practices. It raises the Justice Deparment's argument over alleged exploitation by Live Nation of relationships with partners, threat to venues and acquisition of smaller companies.
- Published
- 2024