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DOJ v. Live Nation-Ticketmaster
According to a May 23rd U.S. Department of Justice press release, “the Justice Department, along with 30 state and district attorneys general, filed a civil antitrust lawsuit against Live Nation Entertainment Inc. and its wholly-owned subsidiary, Ticketmaster LLC (also known as Live Nation-Ticketmaster) for monopolization and other unlawful conduct that thwarts competition in markets across the live entertainment industry.” A high demand for tickets to Taylor Swift’s “Eras Tour” and a rise in ticket prices for a 2022 Bruce Springsteen concert, are just a few examples of how Live…
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