illegal monopoly

US sues Ticketmaster, Live Nation for ‘illegal monopoly’

The Department of Justice in the United States has initiated a comprehensive antitrust lawsuit against Ticketmaster and its parent company, Live Nation Entertainment. The lawsuit accuses the companies of operating an unlawful monopoly and inflating ticket prices for concerts, shows, and other events. On Thursday, 30 state and district attorneys general filed a lawsuit in Manhattan federal court. The lawsuit aims to dismantle the monopoly they contend is forcing out smaller promoters and harming artists.