Wednesday, April 23, 2025
78.9 F
Peshawar

Where Information Sparks Brilliance

HomeBusinessU.S., states sue to ‘break up’ Ticketmaster parent Live Nation

U.S., states sue to ‘break up’ Ticketmaster parent Live Nation


The U.S. government filed a sweeping antitrust lawsuit Thursday against Live Nation Entertainment, the parent company of Ticketmaster, seeking to break up the conglomerate over allegations that it has amassed and abused unrivaled power in the ticketing and concert industries.

The landmark case — joined by 30 state and district attorneys general — could dramatically reshape an ecosystem that has long sparked outrage from artists and fans alike, whose frustrations erupted in 2022 when high fees and site outages disrupted early sales for Taylor Swift’s “Eras” tour.



Source link

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

 

Recent Comments