@brutamerica: In a significant move that could reshape the live entertainment industry, the U.S. Department of Justice (DOJ) has filed an antitrust lawsuit against Live Nation Entertainment, the parent company of Ticketmaster. The lawsuit, filed in the Southern District of New York, accuses the entertainment giant of monopolistic practices that have stifled competition, driven up ticket prices, and limited consumer choice. This legal action comes after years of mounting criticism and scrutiny over the company's business practices, particularly following the botched sale of tickets for Taylor Swift's "The Eras Tour.” Ticketmaster's website crashed under the overwhelming demand, leaving millions of fans unable to purchase tickets. The incident led to widespread outrage and calls for regulatory action. Fans reported being stuck in online queues for hours, only to be dropped from the system or find that tickets were sold out. Ticketmaster blamed the issues on bots and scalpers, but the public and lawmakers were not convinced. The DOJ's lawsuit alleges that Live Nation has used its dominant position to engage in anti-competitive practices that harm consumers and competitors alike. According to the complaint, Live Nation has leveraged its control over ticket sales, concert promotion, and venue management to box out rivals and maintain its monopoly. The lawsuit seeks structural changes to the company's business practices, which could include breaking up Live Nation and Ticketmaster. Credit: Rachel Wisniewski/For the Washington Post

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Thursday 23 May 2024 15:16:25 GMT
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cleantides
Parmesan :
We should start counting how long the breaks are between the government doing something we actually want. I think this break took about 2 years
2024-05-23 15:26:45
67
thunderpious_0ne
ThunDerpIous 0ne :
...what about the government's Monopoly?
2024-05-23 17:23:35
11
dpann3
Tigger 63 🇺🇸💙 :
We need “box office pricing” again!!!!
2024-05-23 15:23:45
29
paulknighton7
peyek1 :
great. now do tech and pharma
2024-05-23 17:08:40
23
mariokartfan825
Mario Kart Fan825 :
W
2024-05-23 15:25:14
0
charles.allswell
Chuck - Sallwell :
Do AIPAC next
2024-05-23 16:31:48
4
nataliaaaasss
Natalia_alass :
Get them to stop dynamic pricing now
2024-05-23 17:04:16
0
jab_dab01
Jabthedab :
Now do Kellogg
2024-05-23 19:30:51
0
ginamp2
ginamp4242 :
OH PLEASE! The House and Senate approved their merger a while back. too little too late
2024-05-23 17:44:48
0
boom_shackalacka
Make Art Not War🇳🇴 :
I only know about Sweden where you’re not allowed to resell tickets for more than its original price..
2024-05-23 17:58:25
0
charles.allswell
Chuck - Sallwell :
Do google next.
2024-05-23 16:40:00
1
ainsleyeddins
ainsleyeddins :
@ave
2024-05-24 12:42:33
12
spinorak
spinorak :
@Pearl Jam would be proud! 🔥
2024-05-23 15:25:00
1
tisticgamer24
🌮😡🤣Gabe Axol team 🇨🇦 🇺🇦 :
FINALLY ARE WORTHLESS GOVERNMENT IS WAKING UP
2024-05-23 15:27:55
5
hansumgal
Yok ⭐️ :
TICKETMASTER NEVER GSNE ME MY $700 BTS CONCERT REFUND
2024-05-23 15:20:28
15
helicopter558
Helicopter558 :
Good
2024-05-23 15:27:30
13
baskingball347
🐈 :
FINALLY
2024-05-23 15:42:15
12
nattdydaddy
Nattdy Daddy :
Remember they're only doing this because it's an election year, incumbent politicians don't care about you.
2024-05-23 16:48:46
11
andrewlmaooo
AndrewLmaoo :
Thank god I purchased my $800 $B tickets on SeatGeek👌
2024-05-23 15:25:41
3
lampiover
Bruh :
Let’s gooooooo
2024-05-23 18:27:21
2
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