WASHINGTON, D.C. - The US Department of Justice (DoJ) filed a major antitrust lawsuit on Thursday seeking to break up an alleged monopoly in the live music industry between concert promoter Live Nation Entertainment and its subsidiary, bookings website Ticketmaster.
WASHINGTON, D.C. - The US Department of Justice filed a major antitrust lawsuit on Thursday seeking to break up an alleged monopoly in the live music industry between concert promoter Live Nation Entertainment and its subsidiary, bookings website Ticketmaster.The lawsuit, filed in a federal court in New York, claims that Live Nation has abused its dominant market position to raise ticket fees, squeeze out competitors and limit choices for fans, venues and artists.
Fans wait to go through security before Taylor Swift performs at Levi's Stadium in Santa Clara, Calif. on July 28, 2023. The US Department of Justice filed a lawsuit against concert promoter Live Nation Entertainment and its subsidiary, bookings website Ticketmaster to break up a supposed monopoly of the live music industry. AP PHOTO'It is time to break up Live Nation.
Eyes Breaking Live Music Monopoly
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ohtani interpreter to plead guilty over $17M fraud: US Justice DepartmentShohei Ohtani's former interpreter has agreed to plead guilty over charges of illegally transferring nearly $17 million from the baseball star's bank account in order to pay off gambling debt.
Read more »
Google, Justice Department make final arguments about whether search engine is a monopolyWASHINGTON, D.C.: Google's preeminence as an internet search engine is an illegal monopoly propped up by more than $20 billion spent each year by the tech giant to lock out competition, Justice Department lawyers argued at the closings of a high-stakes antitrust lawsuit.
Read more »
US Justice Department takes step to make marijuana use a less serious crimeReclassifying marijuana represents a first step toward narrowing the chasm between state and federal cannabis laws. The drug is legal in some form in nearly 40 US states.
Read more »
DOJ echoes opposition of DOLE in ‘bond provision’ of stalled seafarer billTHE Department of Justice (DOJ) has backed the Department of Labor and Employment (DOLE) in opposing the “bond provision” in the proposed Magna Carta For Seafarers bill.
Read more »
DMW shuts down firm for alleged illegal recruitmentThe Department of Migrant Workers is set to forward a case to the Department of Justice against an immigration consultancy firm for the alleged illegal recruitment of OFWs to Canada since 2021.
Read more »
Industrial policy and the Washington ConsensusWASHINGTON has given the 'finger' to the Washington Consensus, and this is a bipartisan consensus to boot. Not that the European Union, Japan, South Korea or China are different. Yet, here we are, with many decision-makers and economists whose opinion matters still believing in the Washington Consensus. Let's look at some recent articles.
Read more »