Previous close | 32.71 |
Open | 32.68 |
Bid | 35.50 |
Ask | 37.50 |
Strike | 62.50 |
Expiry date | 2025-01-17 |
Day's range | 32.68 - 32.71 |
Contract range | N/A |
Volume | |
Open interest | 9 |
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.
According to Bloomberg reports, US Department of Justice (DOJ) officials could be ready to present an antitrust case against concert promoter and ticket seller Live Nation Entertainment (LYV). Yahoo Finance Reporter Alexandra Canal joins Morning Brief to explain the extent of a possible antitrust lawsuit as ticket prices in the live concert industry have spiked in years following Live Nation's merger with Ticketmaster in 2010. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
The Justice Department and a group of states plan to sue Live Nation and call for its breakup, alleging the entertainment giant has used its ticketing monopoly to suppress competition.