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The Justice Department filed a sweeping antitrust lawsuit against Ticketmaster and parent company Live Nation Entertainment on Thursday, accusing them of running an illegal monopoly over live ...
"Some call this 'Anti-Monopoly,' but in reality it is just anti-business." Editor's note: This story has been updated with additional comment from Live Nation. Contact Arpan Lobo: alobo@freepress.com.
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 ...
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 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.
Monopoly games in editions from seven countries. Clockwise from top right: Germany, Austria, Spain, Italy, Switzerland, the United Kingdom, and Canada. In December 1935, Parker Brothers sent a copy of the game to Victor Watson, Sr. of Waddington Games.
The U.S. Justice Department and a group of 30 states and the District of Columbia Thursday sued to break up Live Nation, arguing the big concert promoter and its Ticketmaster unit illegally ...
Monopoly is a multiplayer economics-themed board game. In the game, players roll two dice to move around the game board, buying and trading properties and developing them with houses and hotels. Players collect rent from their opponents and aim to drive them into bankruptcy.
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 monopoly to ...
Swift's tour promoter, AEG Presents, said Ticketmaster's exclusive deals with the majority of U.S. live venues coerced AEG into working with them. In December 2022, several fans sued Ticketmaster for many violations such as intentional deception, fraud, price fixing, and antitrust.