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US sues Ticketmaster and owner Live Nation, seeks breakup of monopoly
Live Nation has monopolized "nearly all live music in America today," US says.
The DOJ complaint asked a federal court to "order the divestiture of, at minimum, Ticketmaster, along with any additional relief as needed to cure any anticompetitive harm." Live Nation defended its business practices in a statement provided to Ars today, saying the lawsuit won't solve problems "relating to ticket prices, service fees, and access to in-demand shows." "Our growth comes from helping artists tour globally, creating lasting memories for millions of fans, and supporting local economies across the country by sustaining quality jobs.
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