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Ticketmaster operated ‘illegal monopoly’ to drive up concert and sports prices, Feds say. The US Department of Justice has sued entertainment company Live Nation, parent company of ...
Publications and critics have analyzed the cultural, economic and sociopolitical influence of the Eras Tour, the 2023–2024 concert tour by American singer-songwriter Taylor Swift and the highest-grossing tour in history.
In May 2024, the U.S. federal government, co-signed by 22 U.S. states, filed an antitrust lawsuit against Live Nation–Ticketmaster, alleging unlawful business practices that have been detrimental to the live music industry and seeking to dissolve the merger.
The following is a list of game boards of the Parker Brothers / Hasbro board game Monopoly adhering to a particular theme or particular locale in the United States. Lists for other regions can be found here. The game is licensed in 103 countries and printed in 37 languages.
The lawsuit aims to break up the monopoly Ticketmaster and Live Nation have on tickets for concerts, sports and other events at venues around the nation, a news release from Washington Attorney...
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As part of the agreement, the PGA Tour and LIV agreed to cease their own court antitrust litigation in which LIV sued, and the Tour countersued, on claims the Tour illegally used its...
Following the widespread criticism of the company's handling of the pre-sale of Taylor Swift's The Eras Tour in November 2022, the Department of Justice (DOJ) began a formal investigation into Live Nation Entertainment on the grounds of monopoly, antitrust law and consumer rights violations.
“The Justice Department filed this lawsuit for fans who should be able to go to concerts without a monopoly standing in their way.” Ticketmaster competitors were pleased by the lawsuit.
In law, a monopoly is a business entity that has significant market power, that is, the power to charge overly high prices, which is associated with unfair price raises. Although monopolies may be big businesses, size is not a characteristic of a monopoly.
WASHINGTON (Reuters) -The U.S. Justice Department and more than two dozen states on Thursday sued to break up Live Nation, arguing the big concert promoter and its Ticketmaster unit illegally ...