Live Nation May Face Antitrust Lawsuit
LYVLive Nation Entertainment(LYV) PYMNTS·2024-04-16 09:13

Live Nation reportedly may be facing an antitrust lawsuit as early as May. The Justice Department is preparing to sue the concert promotion and ticketing company after investigating its size and negotiating power in its field, The Wall Street Journal (WSJ) reported Monday (April 15). The suit will allege that Live Nation, which is the parent company of Ticketmaster, has used its dominance in the field of ticketing for live events to undermine competition, according to the report. A Ticketmaster spokeswoman ...