'DOJ To Announce Antitrust Action Against Live Nation As Soon As Thursday' - WashingtonPost
Portfolio Pulse from Benzinga Newsdesk
The Department of Justice (DOJ) is expected to announce an antitrust enforcement action against Live Nation, the parent company of Ticketmaster, as soon as Thursday. This action could significantly impact Live Nation's operations as a concert promoter, venue owner, and ticket seller.
May 22, 2024 | 10:44 pm
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The DOJ is planning to announce an antitrust enforcement action against Live Nation, which could significantly impact its business operations as a concert promoter, venue owner, and ticket seller.
An antitrust enforcement action by the DOJ could lead to significant regulatory and legal challenges for Live Nation, potentially reducing its market dominance and affecting its revenue streams. This is likely to have a negative short-term impact on the stock price.
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