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US Justice Department To Sue Live Nation For Antitrust Violations

The logo for Live Nation Entertainment is displayed on a screen on the floor at the NYSE in New York

The US Justice Department is set to file an antitrust lawsuit against Live Nation, according to a report by The Wall Street Journal. The lawsuit is expected to target Live Nation's dominance in the live music industry and its alleged anti-competitive practices.

Live Nation, a major player in the entertainment industry, is known for its control over concert promotion, ticketing, and artist management. The Justice Department's lawsuit is likely to focus on Live Nation's alleged efforts to stifle competition and maintain its stronghold in the market.

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