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Justice Department says illegal monopoly by Ticketmaster and Live Nation drives up prices for fans

The Justice Department filed a sweeping antitrust lawsuit against Ticketmaster and parent company Live Nation Entertainment on Thursday, accusing them of running an illegal monopoly over live events in America — squelching competition and driving up prices for fans. The lawsuit, filed in federal court in Manhattan, was being brought with 30 state and district attorneys general and seeks to break up the monopoly they say is squeezing out smaller promoters and hurting artists. 
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Information
Source name: 
The Associated Press
Unique identifier: CP171590854 
Legacy Identifier: 1db08b5f038746709f5e67be36b6de6b 
Type: Video 
Duration: 1m40s 
Dimensions: 1920px × 1080px     123.60 MB 
Usage rights: Digital platform use only. Broadcast rights and editing of content prohibited. 
Create Date: 5/23/2024 3:49:01 PM 
Display aspect ratio: 16:9