Can the DOJ Break Up Live Nation's Monopoly?
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FEATURING EMILY PETERSON-CASSIN - The Department of Justice has launched a lawsuit against Live Nation and its ownership of Ticketmaster. According to AP, “Ticketmaster is the world’s largest ticket seller, processing 500 million tickets each year in more than 30 countries. Around 70% of tickets for major concert venues in the U.S. are sold through Ticketmaster.” The lawsuit is seeking to challenge Ticketmaster’s monopoly power over artist performances, venues, and concert goers. Will it work?