Washington — The Justice Department filed a federal lawsuit Thursday accusing Ticketmaster and its parent company Live Nation of illegally monopolizing the live entertainment industry to the detriment of concertgoers and artists alike.In a 128-page civil suit filed in U.S.
Ticketmaster came under withering criticism for its mishandling of ticket sales for Taylor Swift's The Eras Tour in 2022. CBS News confirmed the Justice Department began looking into the company before that episode.In 2010, federal regulators, including those at the Justice Department at the time, approved the merger of Live Nation and Ticketmaster, which ultimately allowed the promotional, venue and ticketing industries to be brought under the control of one corporation.
Source: News Formal (newsformal.com)
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