HOLLYWOOD, CALIFORNIA - MAY 23: The Live Nation logo is displayed at Live Nation corporate offices on May 23, 2024 in Hollywood, California. The Department of Justice has filed a federal lawsuit that accuses Ticketmaster and its parent company Live Nation of illegally monopolizing the live entertainment industry to the detriment of concertgoers and artists alike. The lawsuit seeks to structure how the company operates and includes breaking apart the two entities. (Photo by Mario Tama/Getty Images)
The US government has long had its sights set on Live Nation and Ticketmaster, the behemoth concert promoter and ticket seller, which merged in 2010. Last year the Justice Department filed an antitrust lawsuit against Live Nation Entertainment, while the House of Representatives passed the TICKET Act, which demands transparency in ticket pricing. (It failed to become law before the current congressional term began in January; another version of the TICKET Act was introduced in February, but it’s yet to pass the House or Senate.)
