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Justice Department Prepares Antitrust Lawsuit Against Ticketmaster, Alleging Monopoly

The lawsuit, expected next month, targets Ticketmaster's alleged anticompetitive practices that have stifled competition and led to high ticket prices.

  • The DOJ's lawsuit against Live Nation, Ticketmaster's parent company, follows intense scrutiny over ticket pricing and availability.
  • Senator Marsha Blackburn and other lawmakers have expressed concerns about Ticketmaster's market dominance and its impact on consumers.
  • Ticketmaster is accused of allowing bots to buy and resell tickets at high prices, contributing to the lack of ticket availability for major events like Taylor Swift's tour.
  • Experts argue that Ticketmaster's control over ticketing has not been sufficiently challenged since its merger with Live Nation in 2010.
  • The upcoming lawsuit is part of broader efforts by the Biden administration to tackle monopolistic practices across various industries.
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