Previous close | 5.90 |
Open | 5.90 |
Bid | 1.40 |
Ask | 1.60 |
Strike | 130.00 |
Expiry date | 2025-01-17 |
Day's range | 5.90 - 5.90 |
Contract range | N/A |
Volume | |
Open interest | 34 |
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) -- 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
The suit could remain an “overhang” for the concert promotion and ticketing stock in years to come, analysts say.