U.S. DOJ Announces Ten Additional States Join Lawsuit Against Live Nation-Ticketmaster For Monopolizing Live Concert Industry Markets
Portfolio Pulse from Benzinga Newsdesk
The U.S. Department of Justice has announced that ten additional states have joined a lawsuit against Live Nation Entertainment, Inc. (LYV) and Ticketmaster, accusing them of monopolizing the live concert industry markets.
August 19, 2024 | 2:56 pm
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Live Nation Entertainment, Inc. faces increased legal pressure as ten more states join the DOJ's lawsuit, accusing the company of monopolizing the live concert industry.
The addition of ten states to the DOJ's lawsuit increases the legal challenges for Live Nation, potentially impacting its operations and stock price negatively in the short term.
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