The Justice Department is probing Live Nation Entertainment and its Ticketmaster unit over whether the entertainment giant is abusing its power over the live music industry, three people familiar with the investigation said.
The probe comes amid a debacle for the ticketing giant, which was forced to cancel public sales for Taylor Swift’s upcoming tour after its site crashed earlier in the week during massive presale demand.
The new probe is separate from court-ordered monitoring of Ticketmaster that the government imposed in 2019 in response to previous antitrust complaints. Live Nation, the world’s largest concert promoter, acquired Ticketmaster, the largest ticketing site in 2010, in a deal that received close scrutiny from regulators. The Justice Department approved the merger in a 2010 settlement that required Ticketmaster to license its ticketing software and divest some ticketing assets. In 2019, the DOJ’s antitrust division found that Live Nation and Ticketmaster violated the terms of that settlement and imposed new conditions, including an ongoing monitor.
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