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https://www.washingtonpost.com/business/2024/05/22/live-nation-doj-antitrust/
The Ticketmaster parent company also owns concert venues and promotes shows
The Justice Department plans to announce an antitrust enforcement action against Live Nation, the parent company of Ticketmaster, as soon as Thursday, according to three people familiar with the matter, who spoke on the condition of anonymity to describe the case before it becomes public.
The exact nature of the government's announcement is not immediately clear, and the sources cautioned the timing could still shift. But a federal lawsuit against Live Nation could dramatically reshape the entertainment industry, potentially reducing the company's sprawling footprint as a concert promoter, venue owner and ticket seller.
The Justice Department declined to comment. Live Nation did not immediately respond to a request for comment.
Posted In: LYV