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Live Nation & Ticketmaster Slammed for Monopoly

Published 3 days, 15 hours ago
Description

A monumental victory for competition in the live entertainment industry: a jury rules against Live Nation and Ticketmaster for monopolistic practices, controlling 86% of the concert ticketing market. The case, initially started under President Bidens Justice Department, was pushed by 30 states and resulted in a four-day deliberation. The companies are now ordered to propose remedies to loosen their grip and make tickets fairer for fans and artists.

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