US Justice department probes Live Nation's agreements with venues, artists -WSJ
© Reuters. An American flag waves outside the U.S. Department of Justice Building in Washington, U.S., December 2, 2020. REUTERS/Tom Brenner/File Photo - The U.S. Justice Department's investigation into Live Nation is focusing on whether the company uses anticompetitive agreements with venues and artists, The Wall Street Journal reported on Wednesday, citing people familiar with the matter.
In July, Politico reported that the Justice Department could file an antitrust lawsuit against Live Nation and its unit Ticketmaster by the end of the year. Ticketmaster in November 2022 canceled a planned ticket sale to the general public for Swift's tour after more than 3.5 billion requests from fans, bots and scalpers overwhelmed its website.
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Justice Department Probes Live Nation’s Agreements With Venues, ArtistsAgency is investigating whether pacts restrict venues’ and artists’ ability to work with competitors
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