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Live Nation ‘Is Breaking the Law,’ DOJ Says in Antitrust Lawsuit
In response, the company said the suit “will lose in court.”
The Department of Justice claimed Live Nation and Ticketmaster’s conduct is “anticompetitive and illegal” as it announced a long-awaited antitrust lawsuit seeking to break up the companies. He added that splitting the companies is “necessary,” while Assistant Attorney General Jonathan Kanter called for “decisive and effective solutions.” In a lighter moment of the press conference, Garland also recalled seeing a young Bruce Springsteen, who previously struggled with Ticketmaster’s dynamic pricing, open for Bonnie Raitt. The antitrust lawsuit came after issues with Ticketmaster and Live Nation bubbled over in recent years, resulting in disastrous sales for tours by artists including Taylor Swift, Beyoncé, and Springsteen.
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