NIKKEI 225
39,103.22 +486.12 (+1.26%) HANG SENG
18,868.71 -326.89 (-1.70%) CRUDE OIL
76.60 -0.97 (-1.25%) GOLD FUTURES
2,334.90 -58.00 (-2.42%) DOW
39,052.05 -618.99 (-1.56%) Bitcoin GBP
52,792.36 -1,892.31 (-3.46%)
LYV Jun 2024 130.000 call
- Yahoo Finance
DOJ widens antitrust crackdown as it seeks a breakup of Live Nation
Prosecutors argue Live Nation used its Ticketmaster ticketing monopoly to suppress competition, the latest in several actions to rein in the power of big corporations across America.
- Bloomberg
US Sues to Break Up Live Nation, Ticketmaster ‘Monopoly’
(Bloomberg) -- The US Justice Department and almost 30 states sued Live Nation Entertainment Inc., alleging an “entrenched” illegal monopoly over the live events industry and seeking to force the company to sell off ticketing giant Ticketmaster.Most Read from BloombergNvidia Stock Surges as Sales Forecast Delivers on AI HopesHarvard Students Walk Out of Commencement Protesting SuspensionsCiti Trader Got 711 Warning Messages Before Sparking Flash CrashThese Flight Routes Suffer the World’s Worst
- Barrons.com
The Justice Department Wants to Break Up Live Nation. It Won’t Be Easy.
The suit could remain an “overhang” for the concert promotion and ticketing stock in years to come, analysts say.
