The civil antitrust suit was filed in the Southern District of New York against Live Nation Entertainment and its wholly owned subsidiary Ticketmaster, alleging they have created a monopoly on live event ticket prices across the United States.
Music fans, performers, independent venues, and members of Congress have criticized Ticketmaster for artificially inflating ticket prices. The Justice Department claims Live Nation's dominance allows it to limit competition in various aspects of the live entertainment business.
Live Nation responded by stating that the lawsuit won't address fan concerns about ticket prices, service fees, and show access. They argue that calling Ticketmaster a monopoly overlooks live entertainment economics and the evolution of market competition.
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