Federal government, states sue Ticketmaster over alleged monopoly
Attorney General Merrick Garland speaks during a news conference at the Department of Justice headquarters in Washington, Thursday, May 23, 2024. The Justice Department has filed a sweeping antitrust lawsuit against Ticketmaster and parent company Live Nation Entertainment, accusing them of running an illegal monopoly over live events in America and driving up prices for fans. The lawsuit was filed Thursday in New York and was brought with 30 state and district attorneys general. . (Jose Luis Magana/AP)
Around 70% of tickets for major concert venues in the U.S. are sold through Ticketmaster, according to data in a federal lawsuit filed by consumers in 2022. The company owns or controls more than 265 of North America’s concert venues.
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