The U.S. Department of Justice is preparing to sue Live Nation, the parent company of Ticketmaster, over alleged antitrust violations regarding a monopoly on event ticketing. Wall Street analysts show concern as Live Nation's stock drops amid the news. The lawsuit is expected to address Live Nation's control over ticket sales, with reports indicating the DOJ may force Live Nation to spin off Ticketmaster.
Live Nation deserves to face the antitrust music https://t.co/uIWkGMKfvE
The Wall Street Journal reported earlier this week that DOJ is preparing to file an antitrust lawsuit against Live Nation in the coming weeks that will allege it leveraged its dominance in the market that undermined competition for ticketing live events. https://t.co/KrraRg0TFr
Shares of Live Nation Entertainment (#LYV) plunged 7.6 percent after the Wall Street Journal reported that the DOJ is planning an antitrust lawsuit against the company for allegedly leveraging its market dominance to undermine competition. https://t.co/Ji2xt0wFZj
The Dept. Of Justice is about to file an antitrust lawsuit against Ticketmaster and Live Nation. What does this mean and more importantly - will your tickets get cheaper? Don't count on it anytime soon says @TheGunzShow https://t.co/mUwbqGPQdU
The wildest nugget from news about the DOJ's impending Live Nation suit: "Ticketmaster now controls over 80% of the primary ticket sales market" 🔗: https://t.co/QijKNO5XO9 https://t.co/fc2pu66fRN
Live Nation to be sued by US Justice Department over violation of antitrust laws https://t.co/LV1CRjFaqD
Justice Department to File Antitrust Suit Against Live Nation https://t.co/2oIcCiPBZp
The Justice Dept. plans to file an antitrust lawsuit against concert promoter Live Nation. Performers, politicians, scholars, rival promoters and ticket sellers have argued that Live Nation wields far too much power in the live entertainment industry. https://t.co/wlyTTYZlF9
TIL LiveNation was Ticketmater.. . yes lets go after Ticketmaster. https://t.co/IC4LShEpiO
Ticketmaster/Live Nation Is About To Be Sued By The Justice Department For Running A Monopoly On The Ticket Industry (Finally) https://t.co/ud27qTTkWR https://t.co/Rd9imIDVUb
The Justice Department may soon file an antitrust complaint aimed at forcing Live Nation Entertainment Inc. to spin off its Ticketmaster ticketing business https://t.co/xuHvwQ78dH
Graphics via @MorePerfectUS — it’s time to BREAK UP TICKETMASTER / LIVE NATION! Thread here on the leaked documents that reveal Live Nation’s “kickbacks” they use to underpay artists, undercut promoters, and build a monopoly in live music: https://t.co/B2kWn3Vc4i
Live Nation and Ticketmaster Could Soon Face Federal Antitrust Lawsuit The Department of Justice's antitrust division is reportedly prepping a complaint two years after launching an investigation into the live entertainment giant. 🔗 https://t.co/SmuMBy7DNb https://t.co/BZ8Wiof4MG
WSJ: Justice Department will sue Live Nation for antitrust violations https://t.co/r4AAHw9JLT
Ticketmaster and Live Nation are reportedly being sued by the Justice Department for creating a touring monopoly. READ MORE ➡️ https://t.co/NND0TlPSEG https://t.co/pCtjpVZWh2
Justice Department launches antitrust lawsuit against Live Nation and Ticketmaster for crazy sales tactics https://t.co/5H6c0X1nsi https://t.co/2a0KWVgaBR
Justice Department to File Antitrust Suit Against Live Nation (@davidamichaels @AnneMarieSteele - @WSJ) https://t.co/NsLAW21AbE
The better part of two years after reportedly initiating an antitrust investigation into Live Nation, the Department of Justice (DOJ) is reportedly preparing to file a related lawsuit against the Ticketmaster parent “in the coming weeks.” https://t.co/uBYpS6vubW
Justice Department to sue Ticketmaster, Live Nation for alleged monopoly over ticketing industry: report https://t.co/DwM3QgAokp
.@TheJusticeDept is planning to sue @LiveNation, the parent company of @Ticketmaster, over an alleged monopoly over event tickets that has frustrated customers and artists alike for years, according to multiple reports https://t.co/Inz45ZSMAJ
Live Nation’s stock is sinking on a possible antitrust suit — but Wall Street analysts aren’t worried https://t.co/8CwcDrLBLI
Live Nation and Ticketmaster are facing a federal antitrust lawsuit over alleged "anticompetitive practices." https://t.co/u8nDe9Pr3G
'This is all a definition of monopoly': Anti-trust lawsuit expected against Live Nation https://t.co/auOLloO074 https://t.co/woTyGKAYSQ