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U.S. DOJ Plans to Sue Live Nation Following Antitrust Investigation: Explaining the Dispute
The U.S. Department of Justice is planning a Live Nation lawsuit. Here's why the government is looking to sue the concert promoter.
Officials with the Department of Justice ’s Antitrust Division plan to sue Live Nation after they wrap up a two-and-a-half-year investigation into the company, according to two high-level sources with knowledge of the matter. The Google litigation, which deals with ongoing business practices at the company as opposed to a merger, could be a litmus test for a yet-to-be-filed Live Nation suit. While Live Nation officials are confident they can prevail in the looming antitrust case, they will do so with far fewer resources than other companies hauled before the Justice Department in recent years.
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