DOJ to seek an antitrust suit against Live Nation: Reports

joins Morning Brief to explain the extent of a possible antitrust lawsuit as ticket prices in the live concert industry have spiked in years following Live Nation's merger with Ticketmaster in 2010.to watch this full episode of Morning Brief.The justice department is seeking to launch an antitrust lawsuit against live Nation, the owner of Ticketmaster as soon as today.

According to these reports, the DOJ is expected to sue Live Nation over its anti competitive business practices alleging the company has weakened consumer choice in the process. We will likely see the specific claims in the coming hours but zooming out here, the federal government did approve the Live Nation Master murder back in 2010 since then though the company has been at the center of antitrust concerns including accusations of sky high fees, monopolistic practices and anti competitive behavior.

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