Justice Department to sue Ticketmaster, Live Nation for alleged monopoly over ticketing industry: report [FOX Business Network]
Live Nation Entertainment, Inc. (LYV)
Last live nation entertainment, inc. earnings: 10/31 04:01 pm
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Source: FOX Business Network
The Department of Justice is planning to file a major anti-trust lawsuit against Ticketmaster's parent company, Live Nation, as soon as next month, according to a report. The litigation will accuse the country's largest concert promoter of leveraging dominance in a way that undermines competition, The Wall Street Journal first reported on Monday, citing sources familiar with the matter. The outlet did not report on the specific allegations to be brought in the suit. The DOJ opened its probe into whether Live Nation maintains a monopoly over the industry in 2022 when Ticketmaster crashed while Taylor Swift fans were trying to buy pre-sale tickets for her "Eras Tour," The New York Times previously reported. The Justice Department approved the merger between Live Nation and Ticketmaster in 2010, with regulators promising then to bring more competition into the ticketing business. Critics at the time said the stipulations would drive-up ticket costs for consumers instead of lowerin
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News
- Countdown to Live Nation (LYV) Q1 Earnings: Wall Street Forecasts for Key Metrics [Yahoo! Finance]Yahoo! Finance
- INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Live Nation Entertainment, Inc. and Encourages Investors with Losses to Contact the FirmAccesswire
- Live Nation Entertainment, Inc. (LYV) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged WrongdoingsAccesswire
- Should You Be Adding Live Nation Entertainment (NYSE:LYV) To Your Watchlist Today? [Yahoo! Finance]Yahoo! Finance
- Lifshitz Law PLLC Announces Investigations of Live Nation Entertainment (NYSE: LYV), The Estee Lauder Companies, Inc. (NYSE: EL), Lyft, Inc. (NASDAQ: LYFT), and Luna Innovations Incorporated (NASDAQ: LUNA)Accesswire
LYV
Earnings
- 11/2/23 - Beat
LYV
Sec Filings
- 4/11/24 - Form 4
- 4/9/24 - Form PRE
- 4/2/24 - Form 4
- LYV's page on the SEC website