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International Business Times
International Business Times
World
Alex PIGMAN

US Seeks To Break Up Live Nation, Ticketmaster Over Alleged Monopoly

Ticketmaster Live Nation United States Joe Biden Department of Justice Live Nation Entertainment Lawsuit Taylor Swift DOJ Entertainment
The latest controversy over Ticketmaster's dominance came when tickets for Taylor Swift's Eras tour went on pre-sale in 2022 (Credit: AFP)

The US Department of Justice filed a major antitrust lawsuit Thursday seeking to break up an alleged monopoly in the live music industry between concert promoter Live Nation Entertainment and its subsidiary, bookings website Ticketmaster.

The lawsuit, filed in a federal court in New York, claims that Live Nation has abused its dominant market position to raise ticket fees, squeeze out competitors and limit choices for fans, venues and artists.

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