US regulators have sued Live Nation, accusing the entertainment giant of using illegal tactics to maintain a monopoly over the live music industry.
The lawsuit from the Department of Justice said the firm’s practices had kept out competitors, and led to higher ticket prices and worse service for customers.
Attorney General Merrick Garland called on the courts to break up the company.
Live Nation said in a statement on its website that claims that it wielded monopoly power were "absurd".
Subscribe here: http://bit.ly/1rbfUog
For more news, analysis and features visit: www.bbc.com/news
#US #Music #BBCNews
PALERMO (ITALPRESS) – Un dibattito multilivello per discutere di Pnrr e rafforzamento dell’assistenza territoriale e ospedaliera: ne sono protagonisti numerosi…
PALERMO (ITALPRESS) – Un dibattito multilivello per discutere di Pnrr e rafforzamento dell’assistenza territoriale e ospedaliera: ne sono protagonisti numerosi…
MARINA BAY (SINGAPORE) (ITALPRESS) – Da un circuito cittadino all’altro, da Baku a Singapore. Cambiano i tracciati ma non le…
Twelve people have been killed and dozens injured after Israel's military said it carried out a "targeted strike" on the…