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2024-05-25 01:03:21

US Lawmakers Express Concerns Over Disney, Fox, Warner Sports Streaming Venture and Department of Justice Plans to Sue Live Nation for Antitrust Violations on Nostr: US Department of Justice Files Antitrust Lawsuit Against Live Nation and Ticketmaster ...

US Department of Justice Files Antitrust Lawsuit Against Live Nation and Ticketmaster for Monopolizing the Concert Industry
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#d5d0b9ec ver:0.49

The US Department of Justice has filed an antitrust lawsuit against Live Nation and Ticketmaster, alleging monopolization and predatory practices in the concert industry. The lawsuit aims to break up Live Nation-Ticketmaster, which controls 70% of the US ticket-selling market, to increase competition and potentially lower ticket prices. The DOJ's investigation was prompted by Taylor Swift's tour debacle and a Senate hearing criticizing Live Nation's practices. This lawsuit is part of broader efforts by the Biden administration to address antitrust concerns. #Antitrust #LiveNation #Ticketmaster #ConcertIndustry...

#newstr #UsDepartmentOfJustice #AntitrustLawsuit #LiveNation #Ticketmaster #ConcertIndustry #TaylorSwift #TicketSales #Monopoly #Competition #TicketPrices

https://here.news/story/d5d0b9ec?ver=0.49
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