DOJ to sue Ticketmaster parent Live Nation for antitrust violations

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The company has tried to counter the narrative that it's responsible for inflated ticket pricing.

The Live Nation Entertainment logo is displayed on a smartphone screen. Photo Illustration: Rafael Henrique/SOPA Images/LightRocket via Getty Images, one of the largest ticketing and live events companies in the country, on antitrust grounds, a regulatory source familiar with the DOJ's plans told Axios.to block the deal, but barred the company from pressuring concert venues to use its ticketing software through a legal order called a consent decree.

Artists have long spoken out about Ticketmaster's practices, but those murmurs turned into rallying cries after Ticketmaster's siteof a possible lawsuit Monday, reported that the DOJ could file suit as soon as next month. A source familiar with the DOJ's plans told Axios that the timing is unclear.

Source: News Formal (newsformal.com)

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