Will the Justice Department's lawsuit against Ticketmaster and Live Nation give concertgoers, sports fan and theater patrons some relief from surging ticket ...
The lawsuit seeks to break up Live Nation Entertainment, a company that resulted from Ticketmaster 's 2010 merger with concert promoter Live Nation . Attorney General Merrick Garland said the aim is to allow more competition and to let smaller players gain more of the U.S. ticket-selling market — which Ticketmaster controls a whopping 70% of.
“I mean, you can say it was extraordinary that there was so much demand , but they knew it was going to be extraordinary there was so much demand,” Fox said. “When you have competition, the companies are more sensitive and responsive to problems that can come up.”that worldwide ticket sales for the top 100 tours in 2023 jumped 46% compared with the previous year, bringing in $9.17 billion in sales. Attendance at Live Nation-produced events jumped 20% to a staggering 145 million last year.
“And especially if the judge orders a breakup, there’s going to be an appeal,” she added. “So you are looking at years.”The government has several ongoing lawsuits accusing big companies of engaging in illegal monopolies that box out competitors and drive up prices.in a lawsuit against Google that dates from the Trump administration. Federal prosecutors accused the tech giant of maintaining a monopoly status as a search engine.
Hailey Rhode Baldwin Bieber's Instagram has been flooded with cruel hate comments ever since she revealed she's pregnant with her first child.Heidi Klum wore a chic crochet knit gold triangle string bikini while in the south of France for the Cannes Film Festival. Shop dupes of her swimwear here.Lady Kitty Spencer wore a plunging black dress at the party in aid of the Chelsea Flower Show.
Prince William's adorable bedtime routine with his youngest son, Prince Louis, was sweetly revealed during a Garden Party on Tuesday. See details.Colbert's "Late Show" audience also erupted over a joke about a "shocking" development in Donald Trump's hush money trial.
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