Attorneys general from 10 new states have joined a civil antitrust lawsuit against Live Nation and its ticket-selling unit, Ticketmaster, for allegedly monopolizing markets across the live concert industry.
Indiana, Iowa, Kansas, Louisiana, Mississippi, Nebraska, New Mexico, South Dakota, Utah, and Vermont have joined the lawsuit. This boosts the total to 39 states, plus the District of Columbia.
The amended complaint, originally filed in May with the U.S. Justice Department, includes additional complaints filed against the entertainment giant. The group is now seeking treble damages against the defendants by adding claims under the federal anti-monopoly law, meaning that they can triple the amount they’re after in monetary damages.
Live Nation manages more than 400 musical artists and controls around 60% of concert promotions at major venues across the U.S., according to the amended complaint. It also owns or controls more than 265 venues in North America, including more than 60 of the top 100 amphitheaters in the U.S. Through Ticketmaster, it controls roughly 80% or more of major concert venues primary ticketing.
Autentifică-te pentru a adăuga comentarii
Alte posturi din acest grup
When Russell Maichel started growing almonds, walnuts and pistachios in the 1980s, he didn’t own a cellphone. Now, a fully autonomous tractor drives through his expansive orchard, spraying p
DoorDash is expanding its portable benefits pilot program to certain gig workers in Georgia starting next year, the food-delivery giant tells Fast Company.
Dashers (which is wha
To get from 0 to 60 in Formula 1 engine design while competing against organizations with much more experience, Red Bull Ford Powertrains will need extra help (and, no, that boost won’t come in th
I am not what you would call a finely tuned athletic machine. I am, if anything, an outdated lawnmower engine held together by duct tape and rust. So when I was offered the opportunity to let AI h
It’s hard to remember now, as you scroll through a thicket of porn bots, anti-trans activists, and AI slop
There’s been plenty of speculation about whether generative AI could replace—or perh
When Meta established its Oversight Board to adjudicate on decisions it made about removing content from its platforms in 2020, the goal was for the select group of individuals from the media, civ
