DOJ to Seek Breakup of Live Nation, Ticketmaster, Bloomberg Reports
--The Justice Department and some U.S. states are preparing to sue Live Nation Entertainment for violating antitrust law, Bloomberg reports, citing people familiar with the matter.
--The suit is expected to be filed Thursday and focus on Live Nation-owned Ticketmaster's control of concert-ticket sales, the people said, according to the report.
--The suit will seek remedies including breaking up the company, Bloomberg reports, citing the people familiar with the matter.
--The Justice Department declined to comment to Bloomberg, while Live Nation didn't immediately respond to requests for comment.
Full article at https://www.bloomberg.com/news/articles/2024-05-22/justice-department-to-seek-breakup-of-live-nation-ticketmaster
Write to Ben Glickman at ben.glickman@wsj.com
(END) Dow Jones Newswires
May 22, 2024 19:07 ET (23:07 GMT)
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