FILE PHOTO: The logo and trading information for Live Nation Entertainment is displayed on a screen on the floor at the New York Stock Exchange in New York, U.S., May 3, 2019. REUTERS/Brendan McDermid/File Photo
Live Nation came under fire in 2022 after Ticketmaster mishandled the sale of tickets to Swift's 2023 tour. Ticketmaster was overwhelmed, canceling some plans for sales and sending would-be buyers into online queues for as much as eight hours. U.S. senators in January 2023, in a hearing called after the ticket sales fiasco, slammed Live Nation's lack of transparency and inability to block bot purchases of tickets.
The lawsuit comes after the Justice Department in 2010 approved Ticketmaster's controversial merger with Live Nation, with conditions intended to stop the combined company from harming competition.
Source: Entertainment Trends (entertainmenttrends.net)
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