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0.000161290322580651 0.00318387096774204 0.00268817204301075 0.00537634408602151 -0.000430107526881635 -0.00177419354838701 -0.00478494623655907 -0.00709677419354835
Stock impact report

DOJ Preps Antitrust Lawsuit Against Ticketmaster Parent Live Nation | Report [Yahoo! Finance]

Live Nation Entertainment, Inc. (LYV) 
Last live nation entertainment, inc. earnings: 10/31 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
over exhorbitant fees, poor customer service and anticompetitive practices, The Wall Street Journal reported An antitrust suit could be filed as soon as next month, according to the Monday report. The specific claims the department might bring could not be learned. Live Nation stock fell following the report, giving up $7.18, or 7%, to $92.58 in late morning trading and virtually wiping out its gains since the start of the year. The DOJ has reportedly been scrutinizing the Beverly Hills-based conglomerate, which bills itself as the “world's leading live entertainment company,” for years. The department did not try to block the combination of Live Nation and Ticketmaster in 2010 . But by 2018, it was reportedly probing allegations that the merged company used its dominance in the concert tours business to pressure venues into selling their tickets on Ticketmaster or risk losing popular acts. One of the conditions the department put on the company at the time of the merger was Show less Read more
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