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Live Nation antitrust trial begins: How the DOJ’s case against Ticketmaster could reshape the concert industry
The Justice Department’s antitrust lawsuit against Live Nation, parent company of Ticketmaster, is set to begin opening arguments after nearly two years of pretrial motions. The DOJ alleges that Live Nation holds a monopoly, stifling competition and harming fans and artists through practices like forcing artists to use its promotional services and requiring exclusive contracts. While a complete breakup of Ticketmaster and Live Nation is unlikely, the trial could still lead to significant changes in the live events industry.