U.S. sues to break up Live Nation-Ticketmaster 'monopoly'

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The U.S. Justice Department and a group of 30 states and the District of Columbia Thursday sued to break up Live Nation, arguing the big concert promoter and its Ticketmaster unit illegally inflated concert ticket prices and hurt artists.

Ticketmaster tickets and gift cards are shown at a box office in San Jose, Calif., May 11, 2009. Concert fans and politicians for years have been calling for a re-examination of Live Nation's purchase of Ticketmaster in 2010, especially after the ticket seller in 2022 botched sales to Taylor Swift's first concert tour in years, sending fans into hours-long online queues, charging prices that customers said were too high and drawing charges of poor service.

In the lawsuit, filed in the Southern District of New York, the DOJ argued the "vast scope" of Live Nation and Ticketmaster allowed them to "insert themselves at the centre and the edges of virtually every aspect of the live music ecosystem." Live Nation has said in the past that it was confident its business practices were legal, and that the probe had been prompted by complaints from rivals, including re-sellers.

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